The more we can do to restrict the supply of pilots, the better it will be for the pilots currently employed. Doctors have known this for generations. Lawyers not so much. In these two examples there is a demand for one but a glut of the other, and salaries adjust accordingly.
The "National Review," is an anti-regulation conservative magazine that your grandfather reads. And your MBA's. It's not surprising that they have this opinion. The people they write for want this (and most) regulations repealed so that "the market" can set prices and salaries.
Follow the money.