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1.) That's my impression, having grown up in a medical family and majoring in economics. The data exists, but I haven't bothered to look it up. If you can find that compensation is increasing, you will find me amenable to changing my mind.
2.) I simply mean that on a per hour, time-cost basis, doctors are making less money than many other occupations.
3.) Put this in perspective: residents are required by law to work less than 80 hours a week, and no more than 30 hours straight. 95% of residencies (another poster linked to a study) are non-compliant, meaning their residents work more than that.
Granted, that's residents, and attendings work less than that - but do you really think it drops by half? I'm very skeptical. Trust me. Hospital-based doctors probably work more than others - people are sicker and need more attention.
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