Stealing money from people is an immoral act. Ergo, discussions about government stealing billions and trillions of dollars from the people and their great grand children is an immoral act that must be discussed in the context of the immorality of the act as well as the historical failure of the act to produce the results the promoters of the immoral act falsely attribute to it.
ONLY in times of true national emergency, when the survival of the nation itself it at risk, (and that means "war" and only "war", people) should deficit spending ever be contemplated. Period. A simple recession? They fix themselves, and the government should be focused on doing one job, and only one job, that of protecting the freedom of the people.
The government can't be protecting the people's freedom when it's stealing the people's money, which is precisely what it does when it embarks on "projects" of spending someone else's money merely to manipulate economic trends.
This current recession could not have happened but for long term government interference in the market, beginning with FDR's FHA. To presume that the incompetent government that had too much power and got us into this mess is the only institution that can get us out of it...if it had more power, is most convenient for some groups, but not wise if the people wish to retain what little freedom they have left.
By all means, the morality of government interference in the marketplace, all aspects of government interference, must be examined carefully.