well everything is supply and demand isn't it. If the schools were spewing out thousands and thousands of un-needed pharmacists, then the price would drop.
Almost all professional positions have only modest yearly increases - you have to get promoted to get alot more money.
Just like any other career, a pharmacist would have option to make more money too - they could move into management of the retail operation they work for, they could take a job with a pharma or research faciltiy, they could start their own retail business, etc.
As an engineer, I started off at a good salary, but the raises were generally 2 to 3% a year like clockwork. So I moved into project management, then eventually worked as a consultant. My first job in 1988 paid $27k a year. Last year I made ~ $297K. That may sound obscene to some of you. But I'm worth it. How do I know that? Because someone is willing to pay it. If they want to pay less, then I'm worth less. If more, then I'm worth more. That's how it works for all careers.
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