Re: Should the U.S. Maintain HealthCare as a For Profit System? Originally Posted by Mijourney
We've just experienced a history making election. Now it's time to come to reality. We will not be seeing a single payor system at this point if ever. The question becomes, should we expect to continue to see the wide salary and wage gap that we are experiencing between many executives, specialty physicians and most nurses, many allied health workers? Is it appropriate that many specialty physicians and high level executives receive large incomes while so many nurses and allied health workers are struggling to make ends meet and a good percentage of citizens are uninsured or underinsured? What's your take?
The premise is wrong.
You are worth 5 dollars an hour, as a Registered Nurse, if you accept that much in pay.
No more. No less.
Let me expand. Awhile back, there was an ongoing group of threads about paramedics coming into the ED and claims that they were going to be paid much more than the nurses working there.
Here's the problem with that. Paramedics in the field do NOT get that much. IF it were the case that the money would be so much better in EDs, so many paramedics would apply for the job that the sheer glut of paramedics angling to work in the ED would bring pay back down to normal paramedic pay.
Or. Take for example, nursing. Why do non-bedside jobs pay so much less? The answer has nothing to do with skill level. It's because so many more nurses WANT those jobs.
The REASON why nobody pays 10 dollars/hr for their registered nurses IS that no RNs would work for that. The reason why McDonald's DOES pay 10/hr is because, there are people that WILL work for that amount of money.
If our hospitals could pay us 5/hr, they would. They don't because, they can't.
You get what you are worth and THAT is evidenced by what you are willing to take. No more. No less.
The government cannot change that. All the gov't can do is tweak the system and the result of those tweakings will be that the system will shake out in unintended ways.
This idea that you can egalitarianize labor so that outcomes match input is wrong. It's not wrong because its immoral; it's wrong because it just won't work. People will only accept for a job what it's worth for them to do that job. IF you make it so that some jobs aren't worth the effort to attain them, then, you will only make candidates for those jobs more scarce. Conversely, if you make other jobs worth MORE than they are intrinsically worth, then, you make those jobs more scarce as people over-fill them.
For example, would YOU work as a unit clerk, if it paid as much as an RN?
You might think that I'm being flippant, but, I'm not. This is an economic law. Congress can't change it, even if they wanted.
People earn what they are worth. They do so because, by accepting the pay offered, they concur with the assessment. People that DON'T concur with the valuation of their worth: they better themselves to find jobs that DO match their evaluation, or, they make a go of it themselves.
~faith,
Timothy.
Nursing News