Did somebody say something about a recovery? Did the rich decide not to trickle on the masses?

For like the past 30 or so years.

If you don't train, you won't get workers with the exact skill set you want.
Their idea is to spec out a worker in the same way you spec out a screw. Get a list of attributes and search for the lowest price.

Where will the innovation and increased competitiveness come from, except from happy workers who feel a sense of belonging?

One management consulting company, IDEO has been noting that some CEOs are realizing you can't just cut costs.

Why not invest in new technology and trained well paid workers? Use the excess workers made redundant by the new technology to grow businesses in the supply chain or in complementary products? Blue Ocean markets. Set up some skunk works with the left over workers and test out some new ideas? Staff it wit some hot shots but also with people who know some thing about maintenance, operations, and marketing.

These CEOs interviewed Ÿ Harvard are the most un imaginative bunch of idiots. They are only increasing labor strife and making their business less competitive.