Yes and no.
His tax plan will send us into debt, but it might help for immediate relief, universal healthcare is a terrible idea imo just because people wait 5 hours in the ER in canada because doctors are so busy. His solution is very very similar to FDR's (I just wrote a paper comparing the two), but FDR wasn't what got the U.S. out of the depression, WWII did. A new UCLA study just figured out FDR actually elongated the depression by an estimated 7 years. (Again, this is a study, not the truth. It is interesting how much more quickly Italy and Germany got out of similar economic problems Germany with hyperinflation and Italy was hit hard by the market crash as far as exports go.) It's tough though, no one could get us out of here. McCain imo would have done a worse job, but thats just me. I just really dislike all the hype about him without him proving himself. He has some good ideas, (reforming the TARP, creating a "bad bank" to put all the frozen toxic funds into), but he has some bad ideas as well, (foreign relations is too weak, a lot of his plans extend into the next term, which is uncertain.) Again, all of this is opinion so dont flame for anything. Also, i really believe that it will its going to be a long, tough, journey out of the recession. We'll see how it all turns out.