Originally Posted by
SonicFlyer
Neither lowering the entry requirements or extending the retirement age at the current point in time will have any effect on wages.
It is extremely apparent you have no understanding of basic economics.
All the major airlines are in contract negotiations and due to the pilot shortage, pay will be going UP.
If you artificially stop retirements for 3 years and lower the requirements for entry thus increasing the pool of available new hires THE OBVIOUS EFFECT IS WAGES WILL STAGNATE OR GO LOWER.