Actually, I know a lot and speak about it.  I am glad to see that the Roosevelt spending (Lord John Maynard Keynes influence) in the 30’s was not referenced as that probably prolonged the depression for about 6-8 years longer than the cycle should have taken otherwise. 
The Japanese economy is a completely different dynamic and not comparable to our situation.  And it really doesn’t matter who the President was when spending has occurred.  The bottom line is that the politicians of both parties willingly agree  to squander our tax dollars, and write “hot” checks for our future labors (Investments for the future they frequently state) with little positive impact and usually cultivating a negative dependency on government handouts.