I think you are referring to salaries in the US, where they definitely were higher in a 60's, 70's and 80's. You see US physicians echoing this, but I think they forget that salaries have fallen in all sectors after the 80's not just in medicine. This is why you need two incomes to run a household where in the 60's you usually just had the man as the breadwinner.
I think this is due to jobs being outsourced to China and the introduction of women in the workforce. When you have twice as many people in the workforce, the commodity of labor goes down and companies start paying their employees less.
oh maybe I'm wrong I thought it was higher in the 80's and 90's and dropped off since. You could be completely correct. I just know that now it's not as high as it once was - don't know if that was 80's/90's/00's or whatever
Weren't physicians income really small which is why we saw the brain drain to the US. From my understanding Canadian physician incomes increased in the late 90's - early 2000's to keep more physicians here.
Hello everybody! For those of you in Canada, I have a question about applying to dental residencies if you have an Australian degree. I'm a Canadian citizen, but I'm doing my dental degree in Australia, so do I have a chance at getting into specialties (at uoft and western specifically) or is it very hard since you didn't graduate from Canada?? And Canada + Australia have a reciprocal agreement, so I just have to write the NBDE, and then I can practice. I also know that many Canadian dental students apply for residencies in the US if they can't get one in the states, but my Australian licence isn't recognized there, and I don't really want to do the extra 2-3 year process of getting a licence there or living there in general lol.
I'm currently in an undergraduate 5-year program since I entered from high school. I'm specifically interested in OMFS, but I understand this is the most competitive specialty, so I'll just be a GP if I can't get in. And currently, I'm trying to keep a good GPA, some extracurriculars, and I'll likely apply for an externship next year or shadow at an OMFS clinic.
I can't find much info about this anywhere, so anything is appreciated. Thank you! :))
I feel like being in your 20's in the 1980's was GOAT. Getting into medical school was easier, everything was so cheap (even inflation adjusted), physician income in the 80's and 90's was higher than it is now as well as respect/status of the profession, you didn't have to worry about all the saturation in so many specialities, social media didn't destroy the world, finding a spouse was easier...then in 90's you were in your 30's and still got to enjoy all of the cool things that brought with it while still being somewhat youthful and earning amazing income if we are using a physician as an example here, 40's in 00's, 50's in 'the 10s you got to retire on your heap of money, house skyrocketed 10-20x in value, get to enjoy the tech of this day and age, 60's in '20s now you are chilling when everyone has so much anxiety about finding work, buying a house, finding a spouse etc
tl;dr - baby boomers - GOAT life lol
what do you guys predict will happen 5 years from now? It sucks still being a trainee and not having a skin in the game and see prices continue to rise when you can't buy anything until all of your training is done...