No, it just makes you clueless.
To date, the number of intern spots has kept pace with the number of grads. Every year. There has been no reduction in internship spots over the past decade at least (since the beginning of the tsunami).
Numbers are not going up and up and up -- the largest increases are in the past (2012, actually), and after a smaller increase this year, next year will be the plateau. Let me say that again, so that there is no misunderstanding: we are way beyond the "first few waves" of the tsunami -- the peak is upon us and anyone actually involved with the issue understands this.
People, Transition included (see links above), seem to LOVE to claim each year (usu before the states even have their Ballots!) that the spots have filled up, that there are none left, that there are no jobs, that "in the future" there will be Armageddon, no money...
As I have consistently said for, I dunno, about a decade...each year things have gotten tighter, and jobs are never guaranteed, but each year there have been enough jobs, because there has been the will to make the jobs happen. I'd love to hear about which budgets (SA's? Really, that's your argument? Based on...?) Transition thinks are cutting back on internship spots this early in the season. But for some actual hard data, namely the actual trends and the plateau, here's a simple graph from the MDA, posted in direct response to these same very tired claims echoed by Transition:
http://forums.studentdoctor.net/attachments/mtrp15-med_grads-by_year-jpg.23141/
As I said, anyone can go and check our record here...