Sim training is ok, no doubt. But let's face it: The sim is programmed with the performance of tables and manufacturer's values. With such given parameters it will always give you a success, if correctly executed. So there is only some value to training for situations we are debating.
In real life it sometimes looks and feels quite different. All the armchair pilots and optimists who never came close to a RRT7, take it from someone who has flown many years in the pit and on the ship involved: It is not rare that we doubt the tables and pray to (set in your favourite) that no donkey gets stubborn .....
We will never be able to simulate and fully train every situation that might arise. What helps is experience, and that is what you get climbing the ladder, as it has been around for some time. From a underpowered piston twin to a not very much better equipped TP, then single aisle jets on many, many multiple legs for some years.
Today there are a lot of pilots who might have hours (
), but not that many sectors. Too much penny pinching and a lot of local pride puts bums on heavy seat too quickly.
Extreme situations are a tad more survivable and/or easier to hide on smaller equipment. It's trial and error with a better chance of a good outcome, but it gives you invaluable experience that helps once you fly some heavier and less forgiving metal.
It might just be that the insurance companies will have a look into this matter, just as they did after the Gulf Air accident in BAH some years ago.
Money matters and we might see some change to the better if the cutting back in training and experience and some national pride suddenly start eating into the holy grail of profits.