[imperfectcats]

I think these arguments assume welding is a low-skill job. https://news.ycombinator.com/item?id=25166696 seems to explain why it isn't.

There are definitely some industries where the cost to get to the level where you make good money is too high, especially when you aren't sure when you start if you have the required talent to make a great living.

There will always be a shortage of great NBA centres - for reasons outside labour market functioning.

[yourapostasy]

Welding is a huge problem space, and I see a lot of welding shops talk about how they're constantly lowballed by buyers who can't tell the difference between hot-glue-gun-for-big-box-store-steel-blanks work and the-device-to-certify-your-weld-costs-more-than-your-house work.

There is only ever a shortage of sufficient compensation to clear the market for a desired level of skills availability.