Watching the US economy is like watching a slowly dying animal that is in agony. The humane thing to do, in that case, would be to kill the animal to put it out of its misery. Similarly, people in the US are suffering because of the economy. For these people, the humane thing to do would be to get the recession over with so economic expansion can resume (and preferably not a "bubble" (i.e. artificial economic expansion)).
When Obama gives his speech on the subject (which is on the 8th, I think), I am guessing his plan will not involve any of what I have said above.
After I study economics a bit, I will write a post with a detailed plan for the US economic situation (I promise, I think).