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>I worked at Vanderbilt on their payroll system, and I would regularly see general practitioners making $350,000 a year, and this was 15 years ago! It wasn’t un
by slg 7y ago
>I worked at Vanderbilt on their payroll system, and I would regularly see general practitioners making $350,000 a year, and this was 15 years ago! It wasn’t uncommon to see teaching doctors getting paid a million dollars.
It isn't uncommon for software developers to make $350,000 a year or even over a million if they get equity in the right company. Maybe the Googles of the world wouldn't have to spy on their users to the same extent if software developers weren't so greedy and taking such a huge slice of the value of their own labor.
Would anyone here agree with that statement? If not, how is it fair to apply that same logic to doctors?
It is also worth noting that doctors have other costs that don't apply to people in the tech industry such as the high cost of the extra schooling they must receive and malpractice insurance which can cost anywhere from a low 5 digits to $150,000+ a year deepening on their specialty.
- johnwheeler 7y agoYou could make the same case for those on Wall Street. I think it’s a separate debate whether all that is fair. I think what’s different in medicine is 1. Medical care is not optional when you need it. 2. There aren’t readily available options to choose between. 3. You don’t know how much you’ll be paying when you need it. 4. Band-aids and tongue suppressors costing $30. stuff like that which is unquestionably egregious.
- slg 7y agoAll of what you are saying is true. However none of that is dictated by doctors or a direct result of doctors' salaries being too high like OP suggested.