Lear increased foreign employment by 47% since 2005 at the same time as it cut 65% of its jobs at home. Mondelez International, owner of such brands as Oreo and and Triscuit, increased foreign employment by 74% and reduced domestic by nearly as much. General Electric cut domestic jobs by 22% and increased them abroad by 34%.

Car companies are being unfairly singled out. Take GM for example. The company has reduced U.S. employment over the past ten years, but it also cut jobs abroad too. Foreign jobs are shrinking at a slower rate, sure, but much of the story of disappearing manufacturing jobs is about automation rather than outsourcing.

The majority of the foreign hiring is motivated by a different concern: the desire to sell to foreigners, not Americans. Because developing economies grow at a faster rate than developed economies like the U.S., returns on investment will be higher abroad than at home.