Salaries and benefits — for identical jobs — are up to 5-10 times higher than the developing world... even adjusting for purchasing power parity and the cost of

Salaries and benefits — for identical jobs — are up to 5-10 times higher than the developing world... even adjusting for purchasing power parity and the cost of living.. this is too large a difference... and is becoming increasingly unsustainable.. leading to all kinds of job losses. maybe just a little bit of lifestyle downgrade in the developed world is the need of the hour