People are not against government spending because they are misguided, or because they are extrapolating a "wrong" intuition. They are against it because as you said, the response are supposed to be cyclical, and at this point it is looking like a straight line. When was the last "spend less" behavior of the cycle?
Or are you claiming that the US has been in the situation of "risky economic situation (economic depression, loss of jobs etc)" for the past 15 years?
Or are you claiming that the US has been in the situation of "risky economic situation (economic depression, loss of jobs etc)" for the past 15 years?