Part 1 of 2
By Katie Kieffer
If you’re a young, talented and educated Irish professional, chances are you’re drinking Jameson® and bemoaning your job prospects.
Now that I’m back from a long visit in Ireland, I’m convinced that economic freedom is the cornerstone of success for a young person – no matter what part of the world you are from.
Between 1995 and 2007, the Irish economy was called the Celtic Tiger because it was performing so well. Today, Ireland belongs to a group of countries called PIIGS, due to government debt levels and deficits relative to annual GDP.
Ireland’s retreat from free market principles is disappointing considering the free-spirited history of the Irish people. As Ronald Reagan remarked at the Shannon Airport upon arrival to Ireland on June 1, 1984, ‘There are few people on Earth whose hearts burn more with the flame of freedom than the Irish. George Washington said, “When our friendless standard was first unfurled for resistance, who were the strangers who first mustered around our staff? And when it reeled in fight, who more bravely sustained it than Erin’s generous sons?”‘
Young people in Ireland spend small fortunes and many years studying in the best Irish grad schools to become doctors, pharmacists, lawyers, architects, planners and surveyors. Yet, despite this advanced education, they simply cannot find jobs in Ireland.
So, how do young Irish professionals feel about this dismal situation in Ireland, and how are they coping?
They have no choice but to leave their families and move elsewhere in order to use their advanced degrees. One recent pharmacy grad, Edel Greene, told the Independent in May of this year that, “It’s embarrassing to go on social welfare as a qualified pharmacist.” She is moving to London for a job, but she says: “I would like to come home at some stage and I can’t see that happening for a long time.”
But, many young and educated Irish professionals are not fortunate enough find work in their field in another country, as Greene did. So, they have to pick up temporary jobs and hope for the best.
In the U.S., our president embraces socialist European policies that “spread the wealth” and penalize small businesses. Young Irish professionals are facing a job crisis that even the smoothest Irish whiskey cannot cure – because the government has restricted economic freedom. We don’t want to go there.
In Part Two, I will discuss a brand new study that compares young American professionals to those around the world.