Obama "saved" plenty of jobs with the auto-bailout.
It doesn't change the fundamentals of the game though, US manufacturing is never going to back to where it was.
Forget hugely complex business models and just ask yourself this simple common sense question, if you have a business making lets say -- video game consoles and one group of workers wants $20/hour to make them plus medical, plus dental, plus 5 weeks vacation, plus maternity leave and you have a second group of workers willing to make the same console for $3/hour, no medial, no dental, no maternity, no vacation time, willing to work even longer hours and weekends, which group are you going to choose?
Even if you're "nice" and chose the first group your competition will choose the second one, now they can sell a console for cheaper than you can because their production cost is way cheaper.
There is no "tax break" that fixes this. This is simply one of the natural quirks of the capitalist system, which don't get me wrong is positive in many ways (and probably the only workable economic system we have until some kind of Star Trek style futurism shows up), but this is also one of the realities of it. It's a tough system and competition is always there.
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