Replies to post #51332 on Biotech Values

[jbog]

Tim, You ask a good question.

The point that the article made regarding "earning too much" simply was stating on the world economy American doctors are paid high.

But the problem isn't that simple. When we felt our automakers or steelmakers were paid too much we simply bought imported goods. Same goes with our farmers, dressmakers and chemical plants. We had a choice.

Now if you look at our government employees, teachers, doctors and lawyers, all of which are "unionized" do we have another choice? No.

The WSJ had a nice article this morning about the number of lawyers that have breeched the $1k hour billing fee. Oh well.