Thursday, December 15, 2022

WSJ, Germany, and the Migrant Story

 First, for those who aren't into the Wall Street Journal....they aren't what I'd call a newspaper (although they publish six days a week).  They are a commerce/capitalism/industry publication.  If they talk about politics....it's only because the politics in question....connects to commerce.  

My own advice about the WSJ?  It's about as neutral as you can get on topics, and they tend to analyze the heck out of a subject....to give you a broad landscape view.  Facts....in their view....matter.  

So the WSJ went and analyzed the German immigration policy from an odd angle....from the prospective that you allowed the door to open, and these 'new' people were a critical resource for manpower, and a bold solution to your lessening manpower for German industry.

In simple terms....the WSJ article crapped all over the German policy.  I'll reference part of this situation to a Focus article from yesterday.  

If you didn't know....between now and 2035....roughly a dozen years....there's around 7-million German employees who are set to retire, and there just aren't people ready to step into their shoes.

For reference, today in 2022.....one out of every six people you see in Germany....are non-German, or immigrants.

At some point in the WSJ piece....they bring up the total number of Afghan and Syrian potential workers (800,000).  The 'system' figures that only one-third of them are in a position to produce income/taxation.  The rest are not producing anything.  Key reason?  Well.....a lot of what Germany needed for manpower....meant higher education and extra training.  Maybe the other two-thirds of this group might one day be productive....but right now....no.

Angering the political players?  I think the WSJ is judged by some to be only half-right, and misses key points.  In the commerce sector....I doubt if they dispute the piece and consider it more of a 'warning' than anything else.  

The truth is that the whole German commerce/industry sector is dependent on non-Germans in the future.  If you can't produce 'X' with your staff.....you will end up exporting the work to some country where they have the trained manpower to support a project.

So if you hear about this WSJ piece....that's the basic story.  It's blunt, a bit dismal, and takes the migration story to the next level.  

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