[Ed. – Even die-hard Keynesians may be able to see that government spending to house the migrants cannot possibly stimulate the economy, when that very spending cuts off the main source of private revenue. Rarely has the concept of “opportunity cost” been so clearly illustrated.]
According to Swedish News, SvD Näringsliv, Sweden’s tourism industry could be easily wiped out this summer because of its government’s deliberate pursuit of already proven failed immigration policies. Sweden’s Migration Board decided to transform popular, expensive, even elite tourist locations into asylum centers for Islamic migrants. The economic cost to individual business owners, private companies, families, individuals, and Sweden’s overall economy is catastrophic.
Sweden’s tourism industry brings in $32 billion per year, excluding the additional $12 billion tourists spend on food, entertainment, and transportation. Instead, its citizens’ welfare is about to receive a final blow because the government has turned over roughly 80,000 spots in hotels, hostels, and resorts– that normally would be filled by paying tourists– to non-paying Islamic migrants.