I don't think it's as straightforward as you propose. Debt is itself deflationary and dampens growth. Public and private debt are already at global highs. Every dollar of debt is far less effective at stimulating the real economy than in decades past. Further, how much infrastructure spending would stay in a local economy without a significant manufacturing base?
I don't have the answers, but this seems to be borrowing from a playbook written for a different era.
I don't have the answers, but this seems to be borrowing from a playbook written for a different era.