My Indiana mortgage payment is $500, thank you very much.

Haha I had one around there too. Indiana life is good life.

Unless you need an abortion.

Step 3 is “European PHD, if you’re really so good why are you half the cost?”

And the answer being "the limited number of local companies paying high wages and the limited number of American companies willing to hire someone in Eastern Europe reducing my leverage."

Step 4 is “European PHD is not as good as we thought, we need to start over."

because in Europe his local salary is at a tenth of the US offered. knowing that, you can say his actually the five times premium.

For a similar reason why a person pressing a button to pour coffee in Starbucks on Manhattan gets 10x more than a person pressing a button to pour coffee in Starbucks in São Paulo.

With so much wealth in America, do you really think life is going to be better for you when you're competing against everyone in the world? Sure, I bet the people in Indiana, or India are happy, but your SF salary is going to be demolished, and your local community is going to death spiral as to the wealth evaporates.

Not really. Employers that know what they’re buying will spend the money.