Can the Obama plan revive the U.S. economy?

Can the Obama plan revive the U.S. economy?: "Is President Barack Obama’s American Recovery and Reinvestment Plan addressing auxiliary problems, significant as they may be, rather than the problem, which is long term recovery of United States industry? A lack of publicized analysis, which inexorably leads to guides of what to do and how to do it, raises doubts and questions. Since President Barack Obama emphasized he is receptive to recommendations to his plan, well, here they are.

Stimulating the economy by government intervention and deficit spending is not a unique change in policy; since the Reagan era, the U.S. economy has depended upon public and private debt for growth and salvation. Government deficits (debt increase of $1 trillion to $9 trillion in 28 years) have financed a great portion of the U.S. economy and credit outstanding ($5 trillion to $50 trillion in 28 years) has financed purchases of industrial products, imported merchandise and a service industry. In 2008, after exhausting credit to all potential debtors who might add purchasing power to an economy in which a significant number of jobs and workers’ wages had been transferred to overseas laborers, the economy hit a barrier - enter the government, too late."