Quote:"Most of the advanced economies of the world have long moved into a new, postindustrial phase of development," wrote Dani Rodrik of Harvard University’s John F. Kennedy School of Government in a November 2015 paper.
"These economies have been deindustrializing for decades, a trend that is particularly noticeable when one looks at the employment share of manufacturing. … In the United States, manufacturing industries’ share of total employment has steadily fallen since the 1950s, coming down from around a quarter of the workforce to less than a tenth today." (We looked at this question previously here.)
Indeed, in February 2003, the cover of a special issue of BusinessWeek magazine asked, "Is Your Job Next? A new round of globalization is sending upscale jobs offshore. They include chip design, engineering, basic research -- even financial analysis. Can America lose these jobs and still prosper?"
That was about six years before Obama took office.
In fact, when PolitiFact asked McMillan whether this pattern predates Obama, she emailed back, "Hell yes," followed by 12 exclamation points.
In her paper, McMillan wrote that employment declined modestly in the 1990s in such labor-intensive industries as textiles and became "precipitous" with the advent of the Internet in the late 1990s. She finds that both technological advancements and a growing role for an overseas labor force played a role.
The ability to conduct work overseas "has led to fundamental reorganization of the global supply chain, with detrimental effects on domestic manufacturing workers and surging corporate profits," she wrote.
The decline in U.S. manufacturing employment between 1987 and 2015 -- starting 22 years before Obama took office -- can be seen in the following graph:
http://www.politifact.com/truth-o-meter/state...-barack-o/
Choke on the following, righties. LOL!
![]()
So jobs have clearly been moving overseas for many years, even if the trend predated Obama and occurred for reasons other than his policies.
Still, it’s worth making a few additional observations:
• Manufacturing jobs have been increasing under Obama. While the rise in manufacturing jobs under Obama hasn’t come close to wiping out the declines of previous decades, the number has risen rather than fallen since 2010 -- the first sustained increase since at least the 1990s
There is at least anecdotal evidence of "onshoring" -- the return of jobs to the United States. For instance, 177 "foreign-trade zones" -- special manufacturing and assembly facilities located in the United States -- serve more than 3,000 companies, employ 390,000 workers and handled $835 billion in merchandise, almost two-thirds of it domestically sourced, according to the National Association of Foreign-Trade Zones.
• Along with job losses, there have been job gains. Overall, productivity has been improving in the United States. "Specific industries and job categories have been hard hit, sometimes very much so," Sturgeon said.
At the same time, many are benefiting, including "in ways they may not even notice, such as new types of work and jobs, greater product variety and lower prices."
Sturgeon is among those who argue that Cruz’s answer is too simplistic.
"The debate right now is playing to people’s fears and discontent in ways that are nearly devoid of fact or serious consideration of the trade-offs or remedies," he said. Where it comes to Obama’s role, he said, "this is a broad structural issue and not something Obama invented or could do much to change, or even do much to mitigate with an uncooperative Congress."
Our ruling
Cruz said that Obama has "been presiding over our jobs going overseas for seven years." While the pattern has been occurring under Obama, it is hardly new or unique to Obama. We rate the statement. Mostly False.
"Most of the advanced economies of the world have long
Top 10 Most Recent News Articles
Leapora's Taskeen: Redefining Task Accountability
AI's Impact on Workplace Task Management In today’s whirlwind of AI-generated output, transparency is not just a luxury; it’s a necessity. AI systems churn out work that can appear polished but often lacks substance. This doesn't just create headaches; it triggers a ticking bomb in the regulatory department. According to a 2025 survey from Stanford and BetterUp Labs,...
Continue Reading
FutureVault's AI Agents: Transforming Financial Workflows
Revolutionizing Financial Operations: FutureVault's AI Approach In the dizzying whirlwind of financial services, the launch of FutureVault AI Agents is a game-changer for document management. This isn't some half-baked tool; it's a full-fledged overhaul of how compliance and operations should tick in the modern age. We've all seen it—a paper trail tangled across systems...
Continue Reading
AI-Driven Lumi Transforms Car Dealership Interactions
Lumi: Changing the Car Buying Game Picture this: You're browsing for a new car, head filled with specifics like towing capacity, price points, and trim options. Usually, such queries would send you bouncing around the web, but Lectrium's Lumi promises to keep the questioning—and decision-making—right on the dealership's page. In a move set to shake up the game,...
Continue Reading
The Chemical Industry and EPA: A Broken System?
Decades of an Unchecked Revolving Door The Environmental Protection Agency (EPA) and chemical manufacturers—a dance that’s been going on for what seems like forever. But not in the way you might hope. We're talking about a revolving door where execs and lobbyists waltz into regulatory chairs while regulators slide into cushy industry gigs. Wisner Baum LLP, a stickler...
Continue Reading
Anecdotes by Artists Brings Raw Scent Stories to Sephora
When Maesa pulls back the curtain, they don't just crack it open—they fling it aside with flair. That's precisely what they're doing with their latest venture, Anecdotes by Artists, a fragrance brand that's taking its first bow exclusively at Sephora. It's not your average perfume launch; it's about the stories behind the scents and the artists who craft them. Unveiling...
Continue Reading
Cracking the Code of America's Delivery Addiction
America's New Obsession: Convenience at a Cost Diving into the relentless hustle, Americans are shelling out big bucks to dodge life's mundane chores. A fresh survey dished out by FinanceBuzz, hitching a ride with Bank of America, gives us a peek into how hooked everyone is on convenience services like food and grocery deliveries. It’s clear people are ready to fork...
Continue Reading
K-Beauty Takes Front Stage at Target Beauty Studio
Making Waves in the U.S. with K-Beauty SUNGBOON EDITOR and Milk Touch just rolled into Target Beauty Studio, making a splash in the world of K-beauty. From ingredients that boast serious benefits to playful cosmetics that let you express yourself, these brands are shaking up American beauty routines in a big way. Ingredient-Focused Skincare for Every American Face...
Continue Reading
Sean Trahan Joins Citrin Cooperman: New Tax Lead
Citrin Cooperman's Strategic Tax Move If there's one phrase that can spark a debate at a financial water cooler, it's 'transfer pricing.' Today, Citrin Cooperman is throwing its hat further into that ring with the appointment of Sean Trahan as head of their new Transfer Pricing and Value Chain Optimization Practice. This isn't just another reshuffling of office...
Continue Reading
FJBio Boosts Antibody Discovery with Sapio AI
In the sprawling world of antibody discovery, where every scrap of data can make or break the next big breakthrough, FairJourney Bio (FJBio) is pulling out all the stops. They've teamed up with Sapio Sciences to ditch the paperwork nightmares and usher in a new era of AI-driven efficiency. With operations stretching from Porto to Cambridge to sunny San Diego, they’re...
Continue Reading
Davos Healthcare Aims to Revolutionize Hospital Ratings
Throw away those dusty, old reputation surveys—Davos Healthcare just turned the spotlight onto cold, hard data with its new global hospital evaluation platform. Why Davos Healthcare’s Initiative Matters At the C3 US NYC Davos of Healthcare™ Summit, an event that’s rooted itself alongside the United Nations General Assembly, Davos Healthcare unveiled a...
Continue Reading