More economics from the trenches

Owen Byrne
Tue, 30 Apr 2002 06:34:07 -0300

I have a friend whose wife is a nurse, and she graduated from a nursing
program (all expenses paid) the same year I got
my CS degreee.

We have had a friendly comparison of salaries since then (15 years now).
2001 was the only year (and the last) that I earned
 more than she did.

But governments are now gearing up their "reserve pool of labor" policies
for nurses. Replacing them with nurse-practicioners, using lower cost
administrative staff to take over paperwork duties, etc. I'm sure soon
enough you'll see an H1B program for them.

Better to be a doctor. Closed shop union. I know that's not really useful
advice, but its the truth.


----- Original Message -----
From: "Adam L. Beberg" <>
To: "Jason Axtell" <>
Cc: <>
Sent: Tuesday, April 30, 2002 6:19 AM
Subject: RE: More economics from the trenches

> You want this graph:
> Basicly everyone is fleeing the bay area because there are no jobs. The
> "ugly" side of this is that many of those are leaving not to jobs other
> places (where it's not any better) but back to college or the parents,
> they also dont count as part of the labor force. In the macro situation
> really a matter of if we can remove people from the labor force faster
> jobs disappear due to productivity gains. So far it looks like jobs are
> going faster then people. And I dont mean just around the bay, everyone I
> knew here is long gone already, it's all the old friends other places that
> are losing the jobs now as part of the economic ripples.
> Gotta get into taking care of old people, all the boomers are getting old
> and useless, and really need to be relieved of their savings and pushed
> into debt before they are allowed to die. Apparently many nurses are now
> pulling down more then 100k/yr in this process, with a combination of lots
> of old people and few people willing to take care of them...
> - Adam L. "Duncan" Beberg