Timmy elsewhereApril 7, 2011 Tim WorstallTimmy Elsewhere2 CommentsAt the ASI. The poor are getting rich and ain\’t it great? previousMeanwhile, in FrancenextThat Bolivarian, Socialist, Paradise 2 thoughts on “Timmy elsewhere” johnny bonk April 7, 2011 at 9:54 am “urban workers increased their earnings to about 7 per cent of the corresponding US compensation in 2008 from about 3 per cent in 2002, earnings in rural areas increased only marginally to just above to 2 per cent of US wages” … the wage differentials are truly astonishing – sure am glad I’m on the high wage end of it. Good to see them pulling themselves up the wages ladder so quickly. Tim adds: The gap is much lower when we look at PPP rates…..adjusting for the different costs of living. johnny bonk April 7, 2011 at 10:01 am “The gap is much lower when we look at PPP ” true enough, none the less astonishing that an hour of toil here has so much more hard currency hitting power. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.