I disagree. Yes, the foreign pilots are living high on the hog in their own countries, well above that of their average citizen. But when you adjust their salary to the US Dollar, you'll see we earn much more I fear. I am sure an Air India pilot would not even be paid 100 grand in US currency. If someone can prove me wrong, I would feel much better.
I spent the entire month of October last year flying in Italy. I stayed in a hotel that was OK, considered quite nice by local standards, but it also had two rooms that were crashpads for Al Italia pilots and a couple young guys (20-22) were in F/O training.
They will make about $48k U.S. coming out of training and second year jumps to $80k U.S. The only thing that's expensive over there, for the most part, is housing, but at 20-22 years old, living at home or having a crash pad is perfectly acceptable.
Here in the U.S., as you are well aware, the 20-22 year olds are coming out of school and going into a regional for $16k-20k a year with a housing cost less than 1/3 of what it costs in Europe.
When I was looking at taking the Air Japan job two years ago, the pay was $10,500 a month U.S. on a commuting contract as a 767 Captain. $7,500 a month as an F/O. On 1st year pay. Higher if you didn't commute and took that in cash.
Funny thing is, the Air Japan pilots who ARE FROM JAPAN flying for JAL are very, very pi$$ed off that the ex-pats are taking the job for so little. Their pair is 50% HIGHER than the ex-pats are getting paid (yes, I know this for fact). As such, you will mix with the JAL pilots as you come and go at work, and they will never snub you directly (that's considered rude), but you'll never be one of them as far as they're concerned, as any RESPECTABLE aviator, by their standards, wouldn't undercut another pilot by taking a job more cheaply.
Yes, many jobs (especially those appearing lately) are lower than I'd accept to go expat (only $6,000 or so a month and you can't commute), but they'll come back up when the supply dries up.
We really are our own worst enemy in this country. If I wasn't divorced with a son, and wasn't certain about my AirTran grievance, I'd be seriously re-considering the expat world.