Exactly, in the world of Freedman's "Flat world" there are economic forces that may open up employment opportunities in developing nations, all it means for domestic passenger travel in the US is an overall reduction in compensation, even with the increase in volume. In other words, the lower pay scale base is going to broaden to the point where only an insignificant amount of pilots are making "attractive" salaries in the US, in the context of US cost-of-living, which oh by the way continues to inflate at a pretty scary rate. Therefore, if you wish to recapture the ability to "live the life" you'll have to chase the airplane to Dubai, or whatever sandbox the demand will afford the price you're looking for. That is not to say one couldn't still attain a living wage flying domestic pax in the US, but the top end salaries are not going to be here a decade from now. Forget the cyclic nature of the industry argument, it will stabilize at an outright lower level, face it. Most folks here will find the opportunity cost of relocating to Asscrackistan not worth the paycheck and will remain in the states, where the compensation will eventually stabilize at the aforementioned lower level. Of course, this clown Freedman's argument also suggests that as a result of such wage reduction, most airline-hopefuls would eventually either be priced out of the market (as we're seeing with the prohibitive cost of GA, and the skyrocketing cost of obtaining licenses) or for those currently in the market, detered enough to do the "globalist" thing and re-educate yourself, ala 20 year airline capt going BACK to school to become a computer widget debugger, or some sh%t that happens to retain some semblance of comparative advantage in the US over other countries in the year 2020. There's your pilot shortage in a nutshell. But it's all good, globalism sounds so edgy, it must be good right? ...right... Globalism doesnt care its your "dream" to fly for a living.
That is one long fracking sentence. And that is one of your short one's.
