Closing all businesses and putting everybody out of work would be unpopular. Does that mean we should do it?
Republicans keep talking about their willingness to do the unpopular things, as though it proves how serious they are about fixing things. But what if the things they are willing to do are not only unpopular, but bad for the economy? What if they're unpopular with the majority of the population because they are bad for the majority of the population?
Huge public works projects like the WPA would be very popular with the millions of people that they could employ. They would also fix the lack of demand that is crippling the economy.
Don't pretend we're in this mess because leadership is unwilling to do things that are "unpopular". We're in this mess because leadership is unwilling to do things that are unpopular with the banking/financial industry.