What the Fed is doing IMHO is "shoring up" and, although significantly big in dollars, is artificial and short term. If the problems are, in fact, longer term they will return when the money spigot is closed (and eventually it will have to be). I believe this is just "prolonging the agony" of a very credit (got to have it now) centered economy. Until that is corrected (and IMO it may take 5-10 years) it will continue to be difficult economically. Sometimes holding still is the best tactic but I have no expertise in accurate procrastination (but it is what I intend to be doing in the foreseeable future).
Vietnam Veteran, CW4 USA, Retired 1979