Before the regional vote in Thuringia, BDI President Russwurm didn't hold back when criticizing AfD. He voiced his concerns over AfD's hostile stance towards foreigners, pointing out its potential impact on Germany's already strained labor market for skilled workers. Russwurm pointed the finger at AfD's Thuringian leader, Hoecke, for his past comments against the "Made in Germany - Made by Diversity" initiative and his wish for financial harm towards participating firms. Russwurm deemed these statements harmful for the economy and a clear sign of ineptitude from the party. He strongly argued that an AfD-led government in Eastern Germany would significantly harm the region's economy and prosperity.
Russwurm's concerns stem from the potential consequences of AfD's policies on skilled labor and economic growth in Eastern Germany. AfD's stance on immigration could limit the influx of skilled workers from abroad, which is vital for Germany's economic growth. Companies like Mercedes-Benz and Commerzbank have highlighted the need for skilled workers to ensure long-term success, and immigration is a key component for attracting talent.
AfD's policies could also lead to a brain drain, with skilled workers deterred from moving to or staying in Germany, potentially damaging the country's competitiveness and innovation capacity. Similarly, AfD's policies, such as those related to immigration and economic protectionism, could discourage foreign investment in Eastern Germany, leading to a decline in investments and economic stagnation.
Mercedes-Benz CEO Ola Källenius emphasized that economic prosperity is the key to prosperity, stability, and security. He argued that this can only be achieved with a common set of values that include openness to immigration. However, the AfD's dominance in Eastern Germany is partly due to economic concerns, which are not always matched by the region's actual economic performance. Analysts have pointed out a discrepancy between how East Germans perceive their economy and how it is faring in reality, contributing to the party's popularity.
If AfD's policies are implemented, it could lead to economic stagnation in Eastern Germany and reduce Germany's competitiveness globally. Companies are wary of their home location being disadvantaged, leading to a decline in investments and economic challenges that are not easily overcome. In short, Russwurm's criticism is rooted in the potential economic consequences of AfD's policies, including limitations on skilled labor, discouragement of foreign investment, and reduced competitiveness in Eastern Germany.
