The graphics industry as a whole seems to have been devalued considerably over the last few years.
A prospective client told me today that she's just bought InDesign and Photoshop 'to do the basics herself', and that the freelancer she uses at the moment (who has a full-time job) gets paid Â£15p/h to do 'work on the side'.
If the public actually opened their eyes they would realise they are surrounded by cr*p design, produced by unskilled and inexperienced designers, propagated by employers or clients willing to pay peanuts for what is a highly skilled profession.
Time for a regulatory body for the graphic arts I think!
(Apologies for posting the link without checking it out)