If mins continue to go down, could they hire someone with 250 hours in say July of 2013 and grandfather them in, or will they need to be at 1500 by August 2013?
Rules say yes but public backlash would still be resonating from the Buffalo crash.
Mins are gradually getting lowered. Kind of like testing the waters before diving in to the shallow end (in this analogy that would be the 250 hour wonders.) Should mins go to 250 tomorrow, theres public outcry for taking 'dangerous and inexperienced' pilots.
You, the commercial pilot, are the commodity. Treat yourself how the market treats crude oil:
There is/are enough to make ends meet right now, but the price is dictated by what will be a couple months and years down the road. Ask yourself if you are worth $18/hour to fly a jet; then, research and dertermine if there is/will be a pilot shortage. Set your price accordingly.
Supply and demand people...