The Incredible Shrinking Labor Force

You have zero precedent for massive govt/monetary stimulus getting us out of a depression or sharp recession. None.

==============================

Really?

What about the Great Depression?  

When Roosevelt got into the White House, he did the same thing that Obama did (not enough stimulus) and when the economy began to improve, Roosevelt let the conservatives talk him into putting on the brakes.  The result was just like what we're seeing now:  The US slipped back into Depression in 1937. It took the MASSIVE GOVERNMENT SPENDING of WWII to get us out of it.  Finally.
Read the Article at HuffingtonPost