Simple answer. If FO wages are two low for you, go do something else. Go earn a better living. Stop whining and asking the Government to make your life better.

Wages are based on the marketplace. Entry level regional FOs are paid crap because THEY CAN! They can make 'em like potato chips. Crunch all you want, we'll make more! Maybe, just maybe, the new law requiring an ATP and 1500 hours will change the marketplace. There is your government action.