The minimum wage has been around for decades, and it has been raised a number of times over the years. Each time the same arguments, pro and con, have been raised. History has shown that raising the minimum wage really doesnt change anything that dramatically. Any legislation is a zero sum game. There will be winners and losers that will net to zero.
My personal feeling on getting ahead in life is to take responsibility for yourself and your career. If you dont take responsibility for yourself you step into the shoes of a victim. People with a victim mentality typically dont get very far in life. Those with victim mentalities make it easier for those who take responsibility for themselves since there is less competition.
To get ahead a person needs to distinguish themselves from their competition. They need to acquire marketable skills and knowledge that employers will find valuable and will be willing to pay a premium wage for. I dont think it matters if you go to college or trade school or whatever. What does matter is that you get marketable skills/knowledge.
Isnt the primary goal of college/trade school to get training/education that will enable you to be a self-supporting contributing member of society? Students need to choose a field of study that will allow them to earn a living, rather than a field of study that will leave them with few job prospects when they graduate. This is nothing more than commonsense.
To get a job in your field you have to be willing to go where the jobs are. You also have to be willing to start at the bottom and work your way up. A college degree gives you an understanding of theory. It doesnt give you an understanding of the practicable application of that theory in the real world. To say this another way, most college graduates arent even green yet, they are blue. They need to learn and experience the real world before they move up to green.
I get tired of reading stories in the media of college graduates who cant find jobs in their field of study because their field of study is not readily marketable. They then complain that they are also saddled with tens of thousands of dollars of debt that they cant payback. Finally, they blame anyone they can because no one ever told them that their degree choice wasnt marketable, and that they would have to pay back their student loans. Again, where is the personal responsibility and commonsense. These people are college graduates who clearly have the grey matter to understand the natural consequences of their choices.
As far as there not being enough jobs, that is a whole other issue. It is my opinion that our population is out growing our economy. Our economy cannot employ everyone. This results in an increase in the normal rate of unemployment. Retiring Boomers will take some pressure off of this, but unemployment will continue to rise as our population increases.
In addition, federal borrowing could lead to a global financial collapse. It is my understanding that currently for every dollar the government spends it must borrow about 40 cents, and this borrowing rate has historically increased as the population has increased. This debt is dragging down our economy and our government. If this continues the government will eventually reach a point where it will simply cease to function. Look at what happened to Grease, except there is no other economy big enough to bail us out. If our government, and economy tanks, the rest of the world will follow it.
The majority of the federal budget is for things that must be paid such as servicing the debt and entitlement programs such as Social Security and Medicare. Any meaningful plan to balance the budget and eliminate the debt will clearly need reforms to the entitlement/social programs. This is just a hard fact. It should also be noted that government debt is nothing more than future taxes. One example of how fiscally irresponsible our government is, is that it costs 2.5 cents to produce one penny. How messed up is that?
Some people will say keep the social programs and raise taxes. The question becomes who will end up paying these tax increases? The wealthy and big corporations have the resources to restructure their lives/activities to minimize their taxes. For example, when France raised its taxes not that long ago many of their wealthy left the country and renounced their French citizenship to avoid paying taxes. The so called 48% pay no federal income tax. That leaves the shrinking middle class to pay the piper. The middle class does not have the resources to pay down the debt and fund the social programs.
It is also my opinion that most of the worlds pressing big issues is the result of over population. We have too many people competing for a dwindling supply of resources such as food, water, energy, etc. The human species is out growing the carrying capacity of the Earth, and is destroying our habitat in the process. When a species out grows the carrying capacity of their environment there will typically be some event(s) that will reduce the population to the current carrying capacity of the habitat.
We are headed towards a global Easter Island event. For thousands of years the world population hovered around 1.5 to 2 billion people. Shifting to a fossil fuel energy platform allowed the world population to increase to its present level of almost 7 billion people and growing. Overpopulation and dwindling resources will likely result in some kind of population crash similar to what occurred on Easter Island.