Brendan Keenan: Political honesty needed to stem torrent of job losses
Published 20/10/2011 | 05:00
HAPPY families are all alike, it says in Tolstoy's novel 'Anna Karenina', but every unhappy family is unhappy in its own way. A bit like job gains and losses, really.
New jobs are not only a happy story, they are nearly always the same story -- arising from Ireland's favourable tax regime and its young, educated workforce. The reasons for high-profile job losses are many and varied.
One cannot always entirely believe either story. A company that is interested only in low taxes on profits is not going to say that when announcing an investment in Ireland.