One big flaw in your comparison.... portability of income.
I don't agree with JoeMerchant about a lot of things, especially RJDC stuff.... BUT.... maybe you can answer this:
I have 5300TT, 10 years of professional flying (getting paid to fly and not including training), 3 type ratings, 121 (passenger) and 135 (both VIP and cargo) captain experience, ETOPS (Hawaii/West Coast/South and Central Pacific) and domestic (US/Canada/Mexico/Alaska/Carribean) experience. My salary at my previous job was $94.14/hour (10% paycut included - should have been $103/hour)
Unfortunately, my airline went under, and I have to look for another job.
Why is my experience now worth the same as that of someone coming fresh out of ALL ATPS just having completed their commercial multi ticket, Regional Jet Standards course, and 250 hours total time?
OK, so I'm using regionals as an example because a few are still hiring, but OK.. let's use same equipment I flew at my old carrier - B737NG. Does my experience not matter? Why do I have to take $60+/hour paycut to fly the same equipment? Why do I have to leave this country in order to make the same amount of money flying the same equipment I was flying before my airline went under?
I'd really like to know...