I have absolutely lost the plot on this thread and I didn't work in healthcare till leaving the UK (and still don't entirely understand the UK system; the North American one is simpler), but there is a problem with that argument. One: If there's 60,000 people chasing 12,000 slots, then too many people are coming out of medical school/foundation training; and if that many graduates don't deserve places on merit, then medical schools/foundation training is inadequate. Either one of those things is true, or something else is. It's simply inefficient to train that many medics who have no future. In an ideal world, you want as few doctors as possible to be cut off and you want that done as early as possible. It's flushing scarce resources down the drain to train doctors who won't complete training.
I do recall that there is something of an artificial restriction on the number of doctors allowed to reach consultant grade, but I don't claim to understand it.
FWIW I looked it up and the match rate in the US NRMP is over 90% for US/Canada MD graduates.