Standard,
Your comments sound like a typical manager who only looks at the dollar sign. How you can say a cadet would be a better pilot than someone with experience is beyond me. There may be those strugglers out there that can't fly and maybe some naturally talented pilots who don't need experience, but the majority of cadets are sh#t. Just ask any real Captain. There are so many things you can't teach with flying, and it's only the times when you push the limits is when you learn different aerodynamic situations. You can't really push the limits with krusty old captain like you in the left hand seat of a jet, and the auto-pilot will fail on you one day.
Flooding the market with cadets to cope with a pilot shortage is not the answer. Treating poeple right to attract the right people is the answer and keep your experienced pilots is the only answer....