Universally,there are two institutions which create jobs and employ people to run the economy.  One is the government and the other one is a private sector.  People employed by the government are lazy, inefficient, unproductive and inept to do the job with any fruitful results.  Unfortunately, every country has to have this baggage to carry and employ some people to take care of governmental operations and responsibilities.  This may be the largest source of employment, but its effectiveness is never up to the mark.  This basically is a source of nepotism, corruption, waste and misuse of resources.  But this is one of the devils one has to live with it.  This sector does not contribute anything worthwhile towards the prosperity of a country.

The second entity - a private sector - in my opinion, is the only way to create jobs - jobs which produce some gainful and worthwhile results for the economy.  Therefore, it is very essential to incentivize this sector by creating a favorable long term low corporate tax structures, minimum corporate laws to provide CEOs the ability to compete globally.  What Ireland is doing is doable by any country provided the leaders think in national terms and not just trying to be politically correct and operate under the principles of socialism.  Socialism is a killer.  It makes people subservient to the government, make them lethargic, recipients lose their sense of thinking independently, they become inefficient and ultimately become burden on the society.  Socialism is needed for the REALLY REALLY needy people who cann't work at all, disabled, handicapped etc.  It is government's moral responsibility to take care of those citizens.  But the way socialism in this country is misused is mind boggling.  let's see what the next election brings in the plate.