I think it is a disconnect from reality, but only I you’re looking at it as a clueless politician or as a worker.
As an employer, this is exactly what you want: desperate people who will jump through all your hoops because this is correlated with being docile, not wanting much money, being afraid of losing your job, working long hours without complaining about it or asking for more comp, etc.
There isn’t a skilled worker shortage. There is a shortage of skilled workers willing to endure all this BS, not getting paid enough for it, and asking for more of it.
Company owners know this. Politicians just want the donations to their parties. And screw you and me, we’re just little interchangeable cogs in their money making machines.