I hope not:
Fiscal Crisis: Visions of the Japanese Economic Nightmare - TheFiscalTimes.com: "America may be heading toward a Japanese-style lost decade of slow growth and painful economic choices. Until recently, the conventional wisdom among economists was no way. After all, the Fed’s aggressive rate cutting and asset purchases, aka quantitative easing, dwarfed Japan’s too-little-too-late efforts to revive growth. As a student of the Great Depression, Chairman Ben Bernanke’s shock-and-awe response, combined with massive federal spending, meant the U.S. economy would bounce back stronger and faster — right?
Well, not exactly."