IMHO, Joe is no he's just protecting his interests, raping it with some feel good spin about "We, the industry", these people should have thought about their actions before accepting the job.
To a certain extent you are correct and I agree with your sentiments, however in essence what you are saying is that everyone should stay put in the job they are in and refuse to fly for Jetstar or Virgin when it was a startup. Are you telling me that if you were a night freight captain on a Metro and Jetstar are offering to almost double your salary to fly a new jet, you would stay put in your metro working back of the clock just because you thought that working for a perceived low salary would undermine the whole industry?
What you are suggesting is that a whole generation of pilots should stay in GA/Regionals so that you can get paid a high end wage by world standards.