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If their industry didn't artificially restrict the supply of labor to keep their wages sky high, they wouldn't be so overworked now that more is required of the
by bigbubba 6y ago
If their industry didn't artificially restrict the supply of labor to keep their wages sky high, they wouldn't be so overworked now that more is required of them. My sympathy is nonexistent; they've made out like bandits for years and now they're paying the price for that (unfortunately, that's a price that must be paid by the rest of us too.) I hope they begin to take this as a wakeup call.
To the downvoters, let me ask you this: how many Americans have been driven into medical bankruptcy while their doctors are living in multi-million dollar McMansions? The system in America is the way doctors have designed it. They have outsized political power; legislators heed their lobbyists. They created and perpetuated this system so they could profit from it. They have been hoisted by their own petard.
- nishantk 6y agoyou're blaming ground-level individual doctors and nurses for administrative and systematic industry failures. In a heavily regulated and specialized industry where mobility is more limited.
- bigbubba 6y agoDoctor run hospitals aren't any cheaper. Collectively, doctors control the regulation and administration of their own industry. The AMA is one of the largest lobbyists in America. They have incredible political influence.
- cbozeman 6y agoNo, this guy is actually correct. The supply of medical doctors is kept artificially low in order to keep salaries artificially high. I ran into this firsthand. I was actually a pre-med student in college, but as I really dug into how the whole system works and found out that physicians' groups and lobbies work to prevent new medical schools from being established, to keep spots in existing medical schools scarce, to keep their salaries inflated, I got disgusted and instead finished my degree in biological sciences with a focus in evolutionary biology. The system needs an enormous overhaul and reform. There are some workarounds being implemented to address demand, notably nurse practitioners, who have almost the same powers and privileges as M.D.s, but not quite. That's even changing though. But the core of OP's post is totally correct. A huge part of this situation we find ourselves in right now is due to good old-fashioned greed and protectionism.
- djsumdog 6y agoIs this true in other countries? I had a friend who finished med school in Brisbane but then struggled when he came back to the US to find a residency.