Comment Re:Oh well (Score 5, Interesting) 227
There's a cost to increasing salaries. The cost of the product or service will be higher, meaning fewer consumers will have access to it.
This doesn't seem to be a concern when it comes to increasing executive salaries. They could lower some of those and have plenty more money to spend on new workers. Really... "We have pumped so many young people into business and finance" -- No shit, Sherlock. Maybe because the only people making 7 figures in healthcare are the administrators and folks in insurance, not the ones actually practicing medicine. The very long shifts medical careers seem famous for are a good indicator healthcare facilities need to hire more people, but who wants to enter a job with such long hours. Meanwhile the work to be done isn't going down, so everyone has to work longer. It becomes a feedback loop.