This thread has brought out the finest people.

Didn't get a chance to ask on the call, why is FO pay unacceptable for those downgrading, but perfectly acceptable for those of us stuck there? The answer that the CAs will be hurt by the pay because they have been spending at a CA pay level is complete crap. They know where they are on the list and have known that it was coming for years and should have been saving for the eventuality. Those of us who are just stuck as FOs at the current rate haven't had the opportunity to build up a cushion for the low rates. So if my pay rate is too low for them to live on, why is it high enough for me? What, they don't sell Ramen where the downgrades live?