Well, this is the kind of thinking that happens when people choose not to get married and/or plan out their lives in some kind of meaningful fashion. You might not like marriage, but it serves a multitude of purposes - it helps in avoiding the very problems people complain about the most when it comes to wages; it gives you a less hostile tax bracket to ensure that more of your income is kept in your pocket, it encourages you to find someone, preferably a stable individual to live with to share the burden of financial support, and it discourages the rampant fucking with random people where you have 2-3 kids out of wedlock where you're now financial (blacks excluded apparently) for said children.
If you want to statistically improve your odds of a better life, don't rack yourself into debt you could never hope to repay (credit cards, overstaying your welcome at college, etc.), get married, and only have kids with that one person. Even if things don't pan out in the long long term, you're still priming yourself to avoid living in poverty for the rest of your life. Oh, and graduate highschool - even if you don't go to college (which I'd argue isn't necessary), one of the worst things you can do is to not graduate highschool or at least get your GED if you do drop out.
There's a reason this sort of thing was common in the past, and it was because people understood the value of these things. If you want to live in a no-holds-barred world where you fuck anyone you want, work when you feel like it, and are generally lazy, then you're going to live in poverty, you will be perpetually poor, and I don't want the tax dollars that are taken from my pocket at gunpoint to go into a system that rewards behavior like this.
Nor do I want inflation, because that's what this is going to cause, on a massive scale, to become so rampant that the dollar becomes the laughing stock of the exchange system. The issues we face at this point in regards to minimum wage is ultimately a symptom of the direction society has gone, it's purely a system issue of what people are choosing to do, vs. what they're willing to do. Fixing the numbers in the way they're asking is like using a sand castle bucket to scoop water from a sinking battle ship without patching the hole. It doesn't matter how hard you try to fix the numbers, the hole's still and you can't scoop fast enough to make a difference.