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Compressing "unnecessarily" high wages will inevitably cause less people to want to assume large amounts of debt for the necessary education and training to bec
by charliesharding 7y ago
Compressing "unnecessarily" high wages will inevitably cause less people to want to assume large amounts of debt for the necessary education and training to become doctors. The doctors that I know chose their career explicitly because of the salary and status that comes with being a doctor. Remove the incentive and you will diminish the supply. Diminishing the supply while also promising free care to all (increasing demand greatly) will result in very long wait times and diminished quality of care.
- toomuchtodo 7y agoThose folks can depart the system and we’ll put an express lane visa in for doctors who want to immigrate to the US. Lots of highly educated healthcare professionals in the world who would want to immigrate to the US and aren’t anchored to unreasonably high wages. Those doctors you mention picked the wrong career for fat cash and prestige. We can’t allow a broken system to continue because of previously made bad decisions.
- charliesharding 7y agoInteresting solution - I don't know how the visa system works but if these doctors decided to switch careers after they got here in order to provide better for themselves/their family is there anything stopping them? It still seems like it's misaligning the incentive structure to produce the desired results. At the base of the issue is that being a doctor is a difficult, stressful job that requires high intelligence and sometimes even high physical dexterity. While it's nice to think that people would choose to do it because it's moral to take care of people, I don't think it's fair to expect that these people wouldn't want to be appropriately financially rewarded for their gifted skillset.
- zaroth 7y agoAh yes, the best of both worlds; socialized medicine provided at rock bottom prices through mass immigration undercutting the salaries of US citizens that are paying billions towards non-dischargable loans taken in good faith. Sarcasm of course. In my opinion, these are two great ideas for getting Trump re-elected.
- toomuchtodo 7y agoYou can always count on America to do the right thing after having exhausted all other options.
- gok 7y agoGiven that many more people want to go to medical school than are allowed, we are no where near running out of would-be doctors. Except that existing doctors constrain the pipeline.
- charliesharding 7y agoPeople want to go because it is a lucrative career. Lowering the education requirements would result in lower quality of care.
- deleted 7y ago[deleted]