Yes, the Wall Street Journal Is a Clown Show. Why Do You Ask?
Aaron Carroll: Beating a dead horse, WSJ edition | The Incidental Economist:
I’m like the millionth person to pile on this Suzanne Sommers editorial (seriously, what was the WSJ thinking?), but I have to get my two cents in. Jonathan Chait has done his usual masterwork, and Josh Barro crushed it as well. I want to focus on some of her claims about Canada:
It went on to say that young Canadian medical students have no incentive to become doctors to humans because they can’t make any money. Instead, there is a great surge of Canadian students becoming veterinarians....
Yeah, cause doctors are homeless in Canada....
Practically, that means Canadian doctors have an average annual income (before taxes) of a little more than $225,000...
How out of touch do you have to be to think salaries like that equate to “can’t make any money”? Sommers goes on:
All of my husband’s cousins are doctors. Several have moved to the U.S. because after their years of intensive schooling, they want to reap financial rewards.
Ah, yes. It’s the “everyone knows a doctor who left Canada to move to the US ” meme.... When emigration “spiked,” 400-500 doctors were leaving Canada for the United States. There are more than 800,000 physicians in the U.S. right now, so I’m skeptical that every doctor knows one of those emigres. But I’d especially like you to pay attention.... In 2003, net emigration became net immigration. Let me say that again. More doctors were moving into Canada than were moving out.... So spare me the crap about how doctors are miserable in Canada and moving here to be happier. The opposite is true.
