Future Rodney King
That's an entirely sensible course of action and I won't fly for those sorts of salaries either. The fact remains though that for everyone who says "no" there'll be many more who will sign whatever is put in front of them.
Do you reckon that anyone has the financial means to pay to fly or work for free as a FO for what is on average 5-7 years until command? Or are we going to see destitute homeless beggars living in the gutter flying planes and washing their uniforms in the nearby river? A bit difficult to believe, even with all the relentless doom and gloom banging on 24/7.
I think it's very likely that we will see a situation where FOs will work second and third jobs so that they can pay for their aviation "career".