The situation is excruciatingly simple: you are an incompetent or vile economist, and people have been listening to you. Incompetent, if you believe the task is to spur something other than PRIVATE investment, which is the only path to hiring and economic recovery.
Vile, if your actual goal–as has seemed clear to me for some years, since you can’t possibly be as stupid as you pretend–is to use the winning Keynesian formula for its intended purpose: installing clinical Fascism in dribs and drabs such that most people do not grasp the extent of the control the power elite is increasingly exercising over their lives.
Yes, we have a new normal, and will until we get a fiscal conservative in the White House, and a Congress capable of basic math, and the most elementary capacity to grasp the consequences of the current plan to borrow trillions of dollars every year FOREVER.