The best way out of the recession, imo, is to encourage business activity as much as possible. Lowering minimum wages, cutting regulations, embracing free trade, lowering taxes, will be far better for the economy over the coming decades than if the Government was to just "spend" it's way out of the recession.
Even if Governments didn't have this debt problem, atm, I'd still be against the very notion of them creating stimulus above spending on infrastructure and education. Recessions are a natural part of the economic cycle, and a necessity. A Government bailing about an inefficient firm only harms everybody in the long run.
And then you have to consider that the Governments actually have no money to spend, at the moment. The deficits they are running is causing extra volatility in the currency markets, and pushing up inflation - both of which dampen trade, dampen productivity, dampen growth.
