PhotoPilot,
Good post. I think you hit the nail on the head. If the job doesn't offer what you think you deserve, DON'T DO IT.
In the same thinking, I turned down interviews at Colgan, Commutair, and Mesa. Other people, with lesser qualifications, will eagerly snap up my spot - but who am I to judge them? They have to live with their choices, I'm not going to rub my foot in their face because I think I'm "better".
meritflyer, exactly what are you upset with? If it's low wages, go do something else that pays more. It almost seems you want to do a job you like and get paid well for it...it doesn't always work like that, bud.
A newhire F/O here makes $22.99/hr. Second year, it's something like $33.55/hr. Third year it's around $34.50/hr. Currently upgrade is 2.5 years, so we have 3 year captains making $58/hr. This is on a 50 seater. Multiply those hourly rates by 1000 to get an approximate yearly rate, minus per diem, which could end up being significant (over $5000/yr for most of the regional folks). Personally, I will surpass what I made as an instructor after my first year, and I work WAY less. It's a win-win for me.
And comparing pilots to doctors is way out of line (especially regional pilots). I had a student that went from 0 time to regional job in 13 months, even after taking 2 months off. He did ATP's program and got hired at ExpressJet with 500 hours. As far as I know, it takes doctors 8 years of schooling, and then several years of residency to start rolling in the big bucks...
~wheelsup