Remember his famous “Giant Sucking Sound” comment?
"We have got to stop sending jobs overseas. It's pretty simple: If you're paying $12, $13, $14 an hour for factory workers and you can move your factory South of the border, pay a dollar an hour for labor, ... have no health care—that's the most expensive single element in making a car— have no environmental controls, no pollution controls and no retirement, and you don't care about anything but making money, there will be a giant sucking sound going south. ... when [Mexico's] jobs come up from a dollar an hour to six dollars an hour, and ours go down to six dollars an hour, and then it's leveled again. But in the meantime, you've wrecked the country with these kinds of deals.[1]"
Perot ultimately lost the election, and the winner, Bill Clinton, supported NAFTA, which went into effect on January 1, 1994.
Which ultimately ended up damaging Mexican wages, too, because we showered Mexico with heavily subsidized corn (and other agricultural products) forcing rural Mexicans into the cities and the maquiladoras.
If you’re paying them 5x less in total compensation, and they’re half as productive, you’re still better off with the cheaper labor.
No healthcare, no pensions, no environmental laws will save a company lots of money.
Because those are two different questions with two different answers.