I forget the guys name, but FDR's first treasury Secretary admitted that the things they had done were counter productive.
This is nothing new, it was known 60+ years ago .
The thing to remember is that the objective is NOT to fix the economy, the goal is to use the economic problems to increase Government control of the economy by taking over the means of production, initially by increasing government control of banks which supply the financing for expansion and materials.
They are creeping toward the type of planned economy that failed in the USSR.