Originally Posted by Andy

Who said it was the pilots' problem? I didn't.
I agree with your money statement, but it's also the lack of stability in the profession. One minute, you're on the fast track to the left seat, the next minute your company's handing out pink slips. That's not something that airlines can fix and is not appealing to people looking for a stable profession.
On the same note that this isn't the pilots' problem, the solutions aren't necessarily going to be anything that pilots will be happy with.