Irish Economy: US will remain very important to Ireland’s economic progress but a new approach is badly needed
Nov 6th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The US will remain very important to Ireland's economic progress but forty-eight years after the Irish hailed the election of John Fitzgerald Kennedy as the 35th US President, as a potent benefit in the early years of Ireland's economic modernisation programme, it's striking that American generated jobs remain the enduring cornerstone of Irish economic policy. The bursting of the housing bubble has made this even more obvious as Irish unemployment soars.