Given the number of current pilots who hold an ATP, there is no reason to roll back the requirement.
https://www.faa.gov/data_research/av...Air12-2013.xls
Raise the pay and maybe more of those 153,000 ATP's will be attracted to the profession.
Anybody know how many pilots are currently employed by the airlines? I am sure it is less than 100,000. That leaves a pilot surplus of over 53,000 pilots. There is no pilot shortage.