Everything from Great Depression Keynesians to Depression retreading Chicago School monatarists to Laffer Curve idealists have offered up and applied programs the last 8 years intended to stimulate growth.

FORBES: "It's About the Economy, Stupid" - Lessons from the Election

The memory of the Great Depression of the 1930s and its hideous unemployment rate was still fresh, and the Phillips curve appeared to offer a magic bullet for precisely that problem.

FORBES: Chairman Bernanke Buries the Phillips Curve: Bravo!