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even a bare minimums FO takes more time than many FOs TSA already have. Now it takes an ATP to get hired, 3-4 months to get trained/typed/online and then 1-2 years to get that 1000 121 time required for a "bare minimums" 2500 hour. We have many FOs below even this threshold. and consider that a couple years ago they were hiring 500 hr FOs add another couple years to the mix and there could be 3 year FOs lacking the minimums for "bare minimum". In the meantime the compnay is growing, lots of planes coming and somebody is needed to fly the things until all the FOs get these "bare minimums" hence CQFOs. it's simple math not a judgement call
I'd be pretty upset if they were putting paying passengers in an aluminum tube 7 miles above the earth at 450 knots and the Captain had barely 1500 hrs. There is more to being a Captain than seeing who can log 1500 hrs fastest....the 3500 hr rule at TSA seems to ensure some real FAR 121 experience occurs before they turn someone loose as a CA.