What A Leader Might Do
He could call for a massive jobs program, pull back many of our troops, baldly state that the initial stimulus had been too small, and ask the country to choose between a certainly painful austerity and an expensive but temporary stimulus, to be followed by tax increases.
The President we have shows no signs of being that man. He seems rather to think that his job is to mediate between factions in the Congress.
The country is quite likely screwed.