I haven't met a single person here who is happy about this, other than management of course. There are still plenty of qualified pilots who want to come work here; the problem is a kid who graduated Empty-Nipple then flew a 402 for a couple years is likely to think flying a 190 for 43K is a dream job. On the other hand, guys who instructed, flew freight, then spent years slogging it out in the regionals might actually think our skills are worth more, and vote with our feet if the compensation improvements aren't forthcoming.