I have friends that don't want to visit the US solely because of Trump being elected. Very smart software engineers.
Politics and worldview doesn't correlate at all with ones abilities, although this is often portrayed that way.
Lower than the USA, yes; but even junior software roles are well above “wage slavery”. Housing and medical insurance are both much cheaper here (also food, but food is so cheap generally that it being cheaper here doesn’t make much difference, unlike rent and insurance).
It also helps that labor protection laws are rather strong here and when you look at the US, it's horrible in comparison and not to mention the potential healthcare/other costs that could eat up your wage (I guess with total comp you mean including stock options or something like that, I've rarely seen that here, people prefer to be actually paid).
That and moving to another country, possibly permanently is quite difficult and taxing.
Sure, but that level is paid to maybe 1-in-25 staff/principal/distinguished engineers at the top handful companies which make up maybe 1-in-25 of total jobs in the industry (order of magnitude)?
So for the 1-in-500 talents in the German coding industry, maybe it might be a worthwhile consideration to move halfway across the world with their families, but for the 499 even doubling their salary isn't all that enticing...
You don't really have a good army without decent generals.
[0]: https://www.teamblind.com/article/google-engineer---total-co...