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U.S. companies creating new jobs…in Ireland

October 19th, 2010 Leave a comment Go to comments

Two American companies have announced plans to create around 60 “high calibre” jobs in Ireland (approx. $50-60K/year). That’s not really the big story here, though, as 60 jobs is just a drop in the 9.6% unemployment bucket.

In recent weeks, there have been several jobs announcements from US companies investing in Northern Ireland.

Now why would American companies be interested in creating those jobs overseas instead of here? It’s simple, really. Our current administration and its lackeys in Congress are anti-business. Every time Republicans have suggested cutting the corporate tax rate in order to encourage business expansion on our shores, the left lobs accusations that Republicans: are in the pocket of the ueber-evil big business, favor Wall Street over Main Street, etc., ad nauseum. The truth is that Ireland has a corporate tax rate of 12.5% compared to our 39%. Sometimes economic reality is stunningly obvious.

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