Stock markets, in US, Australia and elsewhere, are a scam, manipulated by the few for their own benefit. Printing kabillions of pounds, francs, dollars, yen, whatever, is just an improvement on the scam. The government prints extra money, the scammers take profits out when the market bounces up, and put the make believe money into something real, like real estate, gold, small (real)businesses, diamonds, whatever. The rest of the market, including all the pension and superannuation funds, and the rest of us peasants, gets done over.
The rest of the world thinks this is an American scam, but it's not, they are just the biggest players, and the best part of the scam? They are too big to fail.
I believe the US will survive and grow, largely due to gas and shale oil, despite the best efforts of the anti-market forces to stop it. Frank Zappa had a quote, which I can't remember, but it goes like -Greed/self interest always wins out over the idiots- and he included himself in this self interest, and meant it in a positive way.
The only "effort" the Dems , or other socialists, make, it to cheat and manipulate the system so that they can get their own snouts in to the trough. We have a saying over here- " The Labour Party was invented so that stupid, lazy people could get rich too." And they do, often in the most transparent thieving way.
The steam plane could have worked, probably all they needed was a few more policy analysts, project managers, middle level managers and human resources officers to get it airborne.
P.S. remember, " Vote early, vote often".