• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadership

Why Trump’s and Clinton’s Promises to Revive Manufacturing Are Cruel

Geoff Colvin
By
Geoff Colvin
Geoff Colvin
Senior Editor-at-Large
Down Arrow Button Icon
Geoff Colvin
By
Geoff Colvin
Geoff Colvin
Senior Editor-at-Large
Down Arrow Button Icon
August 22, 2016, 5:00 PM ET
US-VOTE-CLINTON-TRUMP
This combination of file photos shows Democratic presidential candidate Hillary Clinton(L)on June 15, 2016 and presumptive Republican presidential nominee Donald Trump on June 13, 2016. / AFP / dsk (Photo credit should read DSK/AFP/Getty Images)Photograph by DSK—AFP via Getty Images

It’s painful to hear Hillary Clinton and Donald Trump promising voters that they’ll bring back the past. An event scheduled for this week that you’ll probably hear nothing about is a reminder of why such promises are wrong and cruel.

Both nominees are explaining how they’ll bring back manufacturing jobs. “We are builders, and we need to get back to building things!” Clinton told an audience in Michigan last week, explaining how she’d bring hundreds of thousands of jobs to Michigan. Trump told a crowd in Columbus that he’ll make Ohio “a manufacturing behemoth…. We’re gonna bring your jobs back, we’re gonna bring companies back.”

Of course we know why they say this. Michigan, Ohio, and Pennsylvania are among the most important swing states in this election, and they’ve lost millions of high-paying manufacturing jobs.

Many voters – especially old ones, who are most likely to vote – are susceptible to a fantasy of bringing back the good old days. Clinton told her Michigan audience, “You should be able to learn a skill, practice a trade, and make a good living doing it.” Just like in the 1960s. If Trump renegotiates NAFTA, said a retired rally attendee in Pennsylvania, “we can start bringing back industries and make televisions, we can make refrigerators. I saw them leave. Why won’t they come back?”

Watch: The Big Problem with Hillary Clinton’s Job Creation Plan

They won’t come back because the world has changed. Manufacturing jobs were about 40% of U.S. employment in 1940; today they’re less than 10%, but we manufacture far more now. It’s the same worldwide – in the U.K., Germany, Australia, Brazil, India, China, and many other countries, the manufacturing share of employment is falling. Everybody’s making more stuff with fewer people, and the trend isn’t going to reverse. Suggesting that it will is inexcusable.

The obscure event that brings the lesson home is on Friday, when the results of the U.S. ProFarmer Crop Tour will be announced. Never heard of it? That’s not surprising. Since fewer than 2% of U.S. workers are in agriculture, hardly anyone pays attention to estimates of Midwest crop yields. Yet those 2% produce so much food so efficiently that obesity has become a U.S. health crisis.

Sign up for daily insights, updates, and opinion on leadership and leaders in the news at the Power Sheet.

Back in 1820, when the industrial revolution was getting underway in the U.S., 60% of workers were in agriculture, and conventional wisdom held that manufacturing could never be the basis of an economy. That view was mistaken, of course. As the economy was transformed, that 60% dwindled to 2%.

Now the economy is being transformed again, and it’s irresponsible to deny that reality. Would America be better off if we went back to the good old days when 60% of us worked on farms? Obviously not. The larger point for all leaders is that the world never stops changing, and the leader’s job is to embrace the new reality, explaining how it can bring a better future, not a worse one.

About the Author
Geoff Colvin
By Geoff ColvinSenior Editor-at-Large
LinkedIn iconTwitter icon

Geoff Colvin is a senior editor-at-large at Fortune, covering leadership, globalization, wealth creation, the infotech revolution, and related issues.

See full bioRight Arrow Button Icon

Latest in Leadership

Workplace CultureHuman resources
‘Ambulances had to be called, it was a whole thing’: How HR leaders deal with too much fun at holiday parties
By Vicky Valet and HR BrewDecember 2, 2025
18 seconds ago
Curry, King
Commentaryphilanthropy
Why time is becoming the new currency of giving
By Arndrea Waters King and Ayesha CurryDecember 2, 2025
17 minutes ago
Google CEO Sundar Pichai
SuccessCareers
As AI wipes jobs, Google CEO Sundar Pichai says it’s up to everyday people to adapt accordingly: ‘We will have to work through societal disruption’
By Emma BurleighDecember 2, 2025
28 minutes ago
North Americaphilanthropy
Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combatting homelessness across the U.S.: ‘This is just the beginning’
By Sydney LakeDecember 2, 2025
57 minutes ago
Amar Subramanya
AIApple
Meet Amar Subramanya, the 46-year-old Google and Microsoft veteran who will now steer Apple’s supremely important AI strategy
By Dave SmithDecember 2, 2025
1 hour ago
Elizabeth Kelly
CommentaryNon-Profit
At Anthropic, we believe that AI can increase nonprofit capacity. And we’ve worked with over 100 organizations so far on getting it right
By Elizabeth KellyDecember 2, 2025
2 hours ago

Most Popular

placeholder alt text
Economy
Ford workers told their CEO 'none of the young people want to work here.' So Jim Farley took a page out of the founder's playbook
By Sasha RogelbergNovember 28, 2025
4 days ago
placeholder alt text
Success
Forget the four-day workweek, Elon Musk predicts you won't have to work at all in ‘less than 20 years'
By Jessica CoacciDecember 1, 2025
23 hours ago
placeholder alt text
Success
Warren Buffett used to give his family $10,000 each at Christmas—but when he saw how fast they were spending it, he started buying them shares instead
By Eleanor PringleDecember 2, 2025
5 hours ago
placeholder alt text
Innovation
Google CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
By Sasha RogelbergDecember 1, 2025
22 hours ago
placeholder alt text
Personal Finance
Current price of gold as of December 1, 2025
By Danny BakstDecember 1, 2025
1 day ago
placeholder alt text
Big Tech
Elon Musk, fresh off securing a $1 trillion pay package, says philanthropy is 'very hard'
By Sydney LakeDecember 1, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.