I think what Marc is trying to say is that government spending cuts and austerity makes the economy worse not better, only resulting in more job loss.
More spending by government stimulates the economy and employs.
According to finance Canada, $1 in government spending generates a $1.50 in economic activity, compared to only .30 with corporate tax cuts.
Countries with the ability to create their money would probably benefit from creating money and investing it in infrastructure.