Senator Carl Levin (D-Mich.) today released a report from his Senate Permanent Subcommittee on Investigations (Homeland Security Committee). It asserts that the 2005 repatriation round was a failure. In support of this, the report gives nine conclusions. Below, each are refuted: U.S. jobs were lost, not gained. The report claims that the top 15 repatriating companies shed 21,000 jobs after the repatriation round. This is a classic case of selective reporting. From January 2005 to January 2008, the U.S.. economy created 5.4 million jobs. Since that time, the economy has shed nearly 7 million jobs. If anything, the repatriation round...