If it creates more jobs it by definition cannot simultaneously create a race for the bottom. Labor is a commodity like any other. The greater the demand for it the higher the price for it will be. The statement however only shows that it doesn't solve the problem it claims to solve and in fact cannot.
My post to yours was a question, what do you think eliminating/reducing the national min wage will do?
And cotton picking (for example) for $.10 a day are jobs we can do without.
http://www.nytimes.com/2012/09/11/technology/foxconn-said-to-use-forced-student-labor-to-make-iphones.html?_r=0