Captain Sherm,
I used to work for one of the most succesful LCCs in the world, easyJet. It was also one of the best paid pilot jobs in Europe. Southwest, the model that all others are supposed to emulate, has amongst the best paid pilots in the world.
Part of the LCC model has been to attract and retain very good, skilled and motivated staff by offering good renumeration and working conditions. This has been very successful at many airlines. The first to break this mould were Ryan air (Now who do we know who used to work for them?) who are now having to employ pilots from such places as South America and from former Easten Block countries, together with languadge difficulties, cultural and standards problems, to the extent that saftey has become a real issue.
Pay peanuts, get monkeys (or at least good blokes who don't realy give a Sh1^ about the company).
Is that what you are advocating?