I like the genie back in the bottle post, but as to your other ... unemployment is NOT the issue now. Credit lending is, i.e. the dry up of investment in lending houses by those with the capital to do so. Which is why the government declared they "must" do it with tax dollars.
Public works projects, no matter the hundreds of billions, will not address this problem. Putting faith back into the American lending and financial house WILL. And you do that not by printing more money, public works, or federal bailouts; but by stimulating private capital into US markets: repeal Zarbanes-Oxly. Put a 2 year moratorium on the capital gains tax. Reduce corporate taxes significantly. And put forth a REAL energy plan. THEN you will see both foreign and domestic capital flood US markets with the cash needed not only to sustain credit lenders, but enhance them.
Sorry my friend, but LESS government is the answer here (and I fixed the link in the original post, so you can now listen to the first political soundbite, as well as HERE).
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