This whole debacle reminds me of a movie I recently watched. It's like this: There's a meteor (imminent economic collapse) that only a few people saw coming (economists) and tried to warn the gov't (the government) about it but they didn't really pay much attention. Then as the threat approached and became real, the gov't (the government) pulled the best driller team from some unknown place (Obama administration) to fight off the meteor (imminent economic collapse). Since America is the greatest country in the world everyone was relying on them to stop the meteor (economic collapse) from destroying the earth (america). So Bruce Willis (Obama) comes in with his pal Ben Affleck (Biden) and they go into space (Congress) to fight the meteor with this crazy plan (simulus package). Which is by the way was to drill a hole in the meteor (economic collapse) and shove a huge gigantic nuke down inside of there (stimulus package) hoping that it will save the earth (america). Nobody is sure whether or not the plan will work, but boy howdy are they going to try. But just like the movie, I'm not sure how it's going to end because I shut it off and did something more interesting and less pertinent to learning life lessons. I'm pretty certain the meteor was destroyed and everyone was ok, right?
Your parallel is a stretch. But no, the earth was destroyed and Bruce Willis (Obama) was the only one who lived.