I can agree maybe broadly that there are social trends in the US that are contributing to people being unhappy, but I don't think lowering the minimum wage will put that particular cat back in that particular bag. And besides, is it really minimum wage workers, of all people, who are lazy and entitled? Most minimum wage jobs are not particularly pleasant and you just have to do the work and put up with it, and you aren't showered with free food, high salaries and other perks. Do other countries where entry-level workers have it better have more social problems?
I suppose maybe they are entitled compared to some third-world countries. What does that make a tech worker then? We complain about the free food not infrequently.
I think attempting to blanket punish people who are willing to work but don't have valuable skills in the global labor market, will only backfire politically, and probably deservedly so.