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FACT CHECK: David McCormick Got Rich By Outsourcing Jobs While Laying Off Pennsylvania Workers

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PENNSYLVANIA – Connecticut mega-millionaire David McCormick made his fortune by outsourcing jobs and teaching other companies how to outsource American jobs.

McCormick’s Outsourcing Record:

  • McCormick invested up to $92 million in companies that outsourced American jobs — over 2,600 of which were in Pennsylvania.
  • McCormick taught other companies how to outsource jobs.
    • His company distributed a “a guide for ‘Low-Cost Country Sourcing’” to teach other corporations how to ship jobs overseas [Heartland Signal, 6/1/23]
  • McCormick said “I don’t really care” if Pennsylvania jobs are shipped overseas during a closed door campaign event.
    • McCormick: “So I don’t really care if we’re not manufacturing T-shirts, or rugs, or a variety of other things that aren’t critical to our economy. I don’t really care […] if those jobs are elsewhere.” [Heartland Signal, 2/7/24]
  • McCormick admitted to – and even bragged about – his record of shipping jobs overseas.
    • “McCormick said his experience as a corporate CEO helping companies to move work offshore […] will serve him well in his new post.” [TribLive, 10/12/05]

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