My carpenter makes $116/hour

[Anonymous]

Anonymous wrote:Carpentry is a hard to find skill. I'm not talking about a general contractor who can assemble Ikea kitchens. I'm honestly surprised he doesn't charge more.

I wish I had married a carpenter.

On the other hand, there are plenty of physicians and as an alternative NP and PAs for general services. I think we will be fine, as medical schools are still turning away applicants.

Medical schools are turning away lots of potential students, in part because the medical profession has lobbied to limit the number of physicians. Those groups have also attempted to limit the numbers and permitted activities for nurse practitioners, physician assistants etc.

[Anonymous]

Gonna be a lot fewer carpenters in the near future what with this fascist regime kicking people out of the country.

[Anonymous]

Does he have a company 401(k) match, health insurance, life insurance, long and short term disability all subsidized by his employer? Do you?

[Anonymous]

How often do you have a patient bite off a finger?

In a given year, 5% of carpenters will lose a finger.

[Anonymous]

Anonymous wrote:

Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.

And yet 1/10 it graduates cannot find residencies. While we give them to cheaper foreign students ? Why is this tolerated ??

I'm gonna need to see some proof for that stat. Because according to the AMA, it's more like 5% that DON'T match. 95% match.

[Anonymous]

Anonymous wrote:How often do you have a patient bite off a finger?

In a given year, 5% of carpenters will lose a finger.

Good thing you have nine spares

[Anonymous]

Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.

He’s a skilled craftsman. Why doesn’t he deserve to be paid well? Physicians do think very highly of themselves LOL.

[Anonymous]

Anonymous wrote:

Anonymous wrote:From that, your carpenter has to pay for health insurance, retirement/401k, insurance for his company, overhead costs, various taxes, etc.

He works alone, has no employees. Out of my $124/hr I also have to pay retirement, insurance (health, disability), plus umbrella not included, commuting, taxes, etc. None of which are deductible against income.

Your retirement and health insurance are absolutely deductible, or more accurately are most likely paid for with pretax dollars. Your disability insurance, if provided by your employer, may be as well (and if it isn't, the benefits are not taxable). If you are funding retirement and paying for health insurance with after tax dollars and not deducting them, that's on you.

Moreover, as a W2 employee, your employer likely pays a portion (perhaps a significant portion) of your health insurance. Your solo carpenter doesn't have that luxury.

It's unclear whether you think your carpenter is overpaid, or you are underpaid. If it's the former, shame on you. If it's the later, well, I'm sure you can find a different job and increase your income. And if you can't, well, that should tell you something. Every profession has highly compensated and less well compensated members, and water generally seeks its own level. And if you're arguing that the threshold compensation for each and every physician should be more than $260k, and that $260k is completely insufficient for doctor in his or her 40s, good luck with that.

[Anonymous]

Anonymous wrote:From that, your carpenter has to pay for health insurance, retirement/401k, insurance for his company, overhead costs, various taxes, etc.

Not to forget, tools, transportation/truck for those tools.

If you can do it better, DIY.

[Anonymous]

Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.

If you want to feel better about yourself my nephew is a self-taught artist who dropped out of college to pursue his passion. He regularly sells his work for 5-figure sums.

[Anonymous]

Anonymous wrote:

Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.

Blown away by this post. What a sad state of affairs this county is. Upside down world. I thought it was hard to get over "professional sports players" salaries, even salaries of "influencers" but this crap, a carpenter making close to that of a physician boggles the mind. It takes literally a few hours to learn how to lay carpet and day or two to learn how to lay carpet proficiently. Now brick laying is a little more skilled but carpet laying? That's nuts.

\

Some of the NP's I've had are more helpful and compentent than MD's. Medical School is really only two years of education and then on the job low paid training.

[Anonymous]

Anonymous wrote:

Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.

If you want to feel better about yourself my nephew is a self-taught artist who dropped out of college to pursue his passion. He regularly sells his work for 5-figure sums.

It would blow OP's mind that Steve Jobs didn't finish college and neither did Bill Gates.

[Anonymous]

Anonymous wrote:For general services. I am a physician and make $124/hour. After 4 years of college, 4 years of medical school, $250K post-graduate educational debt, 5 years of post medical school training working 90 hours a week for $50-$70k/year (latter only at the end), and 10 years of additional clinical experience. I am a W2 employee and cannot deduct expenses.

This country is headed for a very very serious physician shortage.

The AMA and Pharma greed sold you out. They turned you into puppets with little, if any freedom to practice medicine.

Your job has been reduced to recording symptoms, and following pre-established protocol. It almost seems like people are more successful in diagnosing themselves. Heck, thanks to constant Pharma advertising, people now already know which drugs they want you to prescribe.

Look at the special needs forum. Parents would rather gather opinions from complete strangers, than trust a psychiatrist or other specialist with drug recommendations.

Am curious what you feel needs to be done about the residency issue. I do think there should be a major cut in foreign students across the board.

[Anonymous]

Anonymous wrote:You know who else was a carpenter?

Jesus. Jesus was a carpenter.

He was a Jewish carpenter.

[Anonymous]

Carpenters and Physicians have some things in common. I avoid using them whenever I can.

You know why carpenters charge so much? Because they only work for Doctors! Do you think I can afford such wages? No way.

I mean I kind of get it. Doctors can't really afford to get a finger cut. Seriously though, I do nearly all of my home repairs, remodeled my bathroom etc. I haven't called a handyman in years. Maybe once when I first moved in, I called an electrician, to flip a surge breaker because I didn't realize you had to toggle the switch.