"Nice to see there are still people out there who base everyone's situation on their own experience. Thanks for keeping it real."
My experiences are real. The fact is if I can get a job without being given any formal training then that's a simple proof by counterexample that the theory you can't get a job without training is false. It may not proof that it's globally true but it proves given that I've done it a number of times that there are a number of companies out there that don't fit the argument people like you are making.
I've turned companies down, if the industry was so bad I wouldn't be able to do that. The fact I can pick and choose between hundreds of companies means the job market isn't anything like is being painted by those just seeking an excuse for their own failings. Go look at some of girlintraining's posts, she's always whining about how the industry is unfair, how companies suck and how they're not reasonable about recruiting, then she goes on in other threads to show a distinct lack of knowledge about software engineering - that knowledge is going to come out in the interviews and that's why she wasn't getting jobs, because she had no idea what the fuck she was on about, yet she blamed everyone else. That's precisely the sort of problem we're dealing with here.
"Undoubtedly, the wages being offered are lower then they should be."
What "should" they be? If developer wages are above the national average, which they are, then why do you think they're too low?
Personally I think developer wages are high, very high. I've actually chuckled to myself over the last few years more than once at how easy it is to get a hefty raise and decent wage. I feel guilty that it was largely luck of the draw that I ended up in a profession where wages are so good and job opportunities so vast when there are people struggling to make ends meet because life just didn't happen to end up putting them in such a lucrative career.
When I can change jobs every year and command a 30%+ salary increase every single time from an above average starting point it's hard to argue that the developer market is somehow bad. Sure we don't get banker or football star wages, but we're doing far far better than most, and employment is easier to find in this industry far more so than pretty much any other mainstream industry.