Are we to the point of Mandatory Service?

Having trained conscripts, I would say, "I hope not." About 20 years ago, the Coast Guard experimented with a 'try it out for 2 years' enlistment. It was a failure. Not because it was a bad idea though. It failed because the people that signed up ened up being treated as if they were disposable. People referred to the program as the "Disposable Seaman Program."
Conscripts have a very low retention rate making training costly and ineffective. They don't just lack motivation either, they often actively work at hindering training and missions.

Nah....most of the youth are disqualified anyway. Waste more money weeding them out than trying to hunt out the few that wish to serve.

As 1LT John Martin only a few that sign up are even eligible to enlist. The idea of mandatory service has been kicked around for some time now. I personally don't see it happening any time soon.