I very much like Brad DeLong’s message here. 

Policymakers have always had a model for escaping from the 2008 economic crisis. In the 1930s, US President Franklin D. Roosevelt responded to the Great Depression with a simple yet radical strategy: try everything that might boost demand, increase production, or reduce unemployment, and then scale up the things that work.

Brad is happy to include my proposals within the scope of “Try everything.” Here is my Twitter interaction with him on that.