yes and without a babyboom to fuel growth much like we've been living off of since the mid 50s
This administration certainly is going to make the recession worse, the recovery (if it occurs) slower, and is in fact toying with total financial collapse of our economy.
This Bloomberg article shows how Spain's "shovel-ready jobs" (which, unlike here, apparently actually were jobs for a while) stimulus simply "put unemployed on ice." And now it's time to pay the fiddler.