Here's a chart showing inflation adjusted, DAL M88 hourly rates for 12-yr Captain (727 rates used prior to 1985). This chart verifies my previous statement that this career has been on a 30 year down trendline since deregulation. C2K was a single aberration above that trendline, and BK was a single aberration below that trendline. By 2012, we are back to the trendline.
We need to figure out how to reverse course, but to blame this on one person, or one entity is simple minded and not reality.