[Lazamataz]

Also, the price of the product would likely go down, offsetting the deflationary effect of lower wages earned by its employees.

This is known as 'deflation', and -- while I am not an economist, I've had a few courses -- is extremely destructive to modern economies. Cash hoarding begins to occur, as cash becomes more valuable by the day. People tend not to spend valuable cash. The concept of interest on loans is negated -- people can simply borrow money that becomes more valuable by the day. Lenders won't lend.

You are hoping for a scenario that would pretty much ruin the country.

Second, given the option of working for less or not working at all, which would you choose?

*sneer* That's a hell of a choice. Lose your left leg, or only your left foot.

[BMiles2112]

....You are hoping for a scenario that would pretty much ruin the country.
You are right about the effects of deflation, but I am not hoping for it. I am proposing an alternative to having the job move overseas. Also, the scenario you present is an extreme example of deflation. Would inflation, caused by the imposition of tariffs on the goods produced, be better?

That's a hell of a choice. Lose your left leg, or only your left foot.
And life's not fair. And the poor little old lady living only off social security because she chose not to plan for retirement has to choose between medicine and food. *sob*. $35,000 a year is enough to live off. I promise.