Also fails to distinguish between “society came out of it fine” (generally true) and “individuals came out of it fine” (much more mixed of a track record)
While I haven't been "retrained" my understanding was the real issue that it's lip-service.
Like the Department of Labor doesn't actually show up to a closed down factory with staff to train people in some other vocation.
Now for the sake of argument multiply the 90% of the employees that were laid off, with the amount of companies that do the same, there aren't enough roles whatever those may be for everyone else now at the job center.