Even market solutions will require a lot of gov't interference to work imo (things like job "mortgages" i.e. student loans for adults).
Perhaps some sort of improved retraining program would work, but I don't think we should be dumping money into the existing programs. I should also add that I would very much like these programs to work, and am very disappointed that they don't, as I believe that skilled jobs help the worker lead a happier, more fulfilling life, as well as helping the people who benefit from the work product.
I can't really speak to the second assertion here, but I wanted to chime in from the other side of the first.
I'm a mid level developer (late twenties) and if I could find a job that was 'routine' that paid what I make now, and kept me from having to deal with the public, I would take it in a heartbeat. Programming is interesting, sure, but the days that it's an absolute grind are awful. I'd gladly take a job that would let me stay out of the way of the people who are very much passionate about our shared profession.
Mankind was not made to sit in asinine status meetings and conduct email wars day in and day out.
Essentially it is one of those policies that sounds good and appeals to both sides of the aisle. However decades of experience with different programs has shown it doesn't work.
There is even a study mentioned in the book showing a statistically significant negative impact of job training on employment.
https://www.amazon.com/Training-Charade-Collection-Technolog...
The best thing for education and job training is for an individual to have a vision of what it is they're working towards. Teach men to build boats by loving the sea, yadda, yadda.
It doesn't need to be the whole solution - regular education and training still plays a big part, because many skills are general enough - but there should be some responsibility for a company to help develop the employees that it needs. (Maybe through tax incentives or what-have-you.)