my 2 bobs worth....
...The problem is that in the Airlines pilots salaries are also declining. Look at the QANTAS/Jetstar(/Impulse) situation.
Is it worth fighting your way through GA if there is no money at the other end?
Flying aircraft for a living has certainly lost its glamour since the "wonder years" of the 60s and 70s.
Who would go into this profession in the future?
Pilots are becoming a bit like artists- they do it for the love not the money.