Unfortunately economists are being ignored by the neocons! I was told by a former board member of the fed that fiscal policy is politically out as an economic tool. Monetary policy alone cannot do the job
We used to have some built in stabilizers but they are being destroyed by greed and ignorance. Discretionary policies are also being eliminated. And I wonder if any recent MBA's know about the the CEA set up by the Employment Act [which was originally the Full employment Act before congress knocked the Ffull out of it