Not in my view. Doesn't look that way to a lot of people, but the way Congress acted it was "the people be damned."
In case you couldn't follow the news, most of what they passed were dollars for regular programs that have not gotten through Congress in the past. Some of those programs won't be creating jobs for at least five years – they will need designs, committees, environmental reviews (followed by lawsuits), contracts, bids, more lawsuits and then you know how government projects go. What businesses can accomplish in a year take years in government's hands.[more]
One of my memories is of the construction of the downtown campus (a building) for City College of San Francisco. The old building at that location had already been demolished, so all they had to do was start construction. But right next to where I worked, a business destroyed an old building, replaced it with a skyscraper and had people moving in, and the College building was still under construction.
So…if you expect anything out of the bailout, get ready for a long wait.