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mamonsteryesterday at 4:07 PM2 repliesview on HN

Horrible fiscal ticking time bomb that ignores the fact that regularization means naturalization over the next 10-15 years and so access to EU healthcare system.

The biggest drag on government budgets in EU are socialized healthcare and retirement costs. At this point we know healthcare costs are severely backloaded, with most spending coming out of the last 10 years of someone's life. Regularizing now allows them to show a fiscal boost now and for next 4-5 years(edit: maybe even like 10-15 years) and accumulate a massive liability as they age.

Think about it this way: If you regularize a 30 year old illegal migrant right now with a path to citizenship over next 10-15 years, the government NPV is positive over a 15 year horizon(whilst he works) and then will go flat to negative as he starts using the healthcare system whilst retired.


Replies

appointmentyesterday at 6:27 PM

How much do 0-15 year olds contribute to the economy?

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dv_dtyesterday at 6:51 PM

The latter half of careers, and certainly 30-55 is generally the period of highest productivity of working careers. Its even higher value for the economy when wages do a catch up slowly over their time. I think it is politiczed fear mongering to suggest that the economic balance is negative in that kind of exchange.

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