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Irrespective of what the EU thinks, multinational investment is going to continue.
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Ask any 20-year-old on the street what means more to him: the i Phone 7 or the EU Commission? So let’s look forward and see this as a brilliant opportunity to change the relationship between Ireland and the multinationals.
I don’t ask this facetiously, but pose it because one image is the future and the other — with its pompous councils of ministers and briefing papers — is the past. Why not propose to the multinationals that we work together to evade the vindictiveness of the EU Commission and create real wealth for the Irish people?
The reputation that matters is the one inside the heads of the people who make the modern global economy spin, not the views of outdated bureaucrats who still see the world through the prism of countries and state aids.
That is a typical 1970s view of the global economy that doesn’t take into account global supply chains where no one location wins outright.
So it is shareholders, rather than workers or the exchequer, who are winning.