Would Carrier lower their prices if they moved to a lower cost labor market. Maybe. Or maybe they would just book it as higher profits. Then it would ultimately flow to the stockholders.
I'm just saying that preventing companies from moving to lower cost labor markets has positive and negative benefits to you and me, employees in both countries, the government and the owners of the companies. We think keeping jobs at home even if by arm twisting by the government is a good thing. I mostly agree but not completely.
What I would prefer would be for the Tax Code to be designed to incentivize corporations in the direction of staying home because it lowers their costs and ultimately their prices.
Every regulatory requirement has a cost.
You want a minimum wage? - It has a cost.
You want a safe work place? - It has a cost.
You want clean air? - It has a cost.
You want clean water? - It has a cost.
You want to prevent money laundering? - It has a cost.
You want to ...(fill in the blank)...? - It has a cost.
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You want to avoid all of those costs? - You go somewhere else.
Likewise...
Would Carrier lower their prices if they could buy steel at half the rate they pay now? Maybe. Or maybe they would just book it as higher profits.