This is probably true but very unfortunate. One of the reasons we lose jobs to foreign countries is the sky-high insurance premia, which are high, in turn, because of the ridiculous litigation and huge awards. We all are paying these awards, and most people do not know that.
I do not blame Bush for the loss of jobs as many do here on FR --- it's the function of the rest of the economy --- but I do blame him for the lack of two immediate reforms: immigration and tort.