If we're going to discuss economics it would be good to be accurate with our depiction. A shrinkage in savings doesn't necessitate a reduction in company profits. Savings is a buffer to spending; a reduction in spending could reduce profits but that depends on a lot of things. It depends on whether people change demand on elastic items, it depends on the industry e.g. the gun and ammo industry had a huge increase in sales during a recession. It's important to identify why the recession happened in the first place but this is based on axioms and research that many people reject, i.e. the hand of the market, structural unemployment.Based on those axioms the market (the aggregate choice of everyone who is involved in the economy) slowly shifted away from certain industries. Once the shift passed the point of no return a company fails and those people become structurally unemployed and get new jobs.Assuming a failing economy is an "avalanche" that needs to be stopped is a false analogy. Even during the heat of the banking crisis while the biggest bankruptcy in history was happening, other banks were doing successful and buying the failing banks. The mechanism, which is another axiom and research field that some people reject, is competition and deregulation. Allowing deregulation means new players can enter a market and compete with others. Increasing regulation means existing players have an easier time staying around so they have no incentive to be competitive and have the best interests of the customers in mind.Government spending doesn't exist in a vacuum. Every dollar spent by the government is a dollar taxed. There are graphs as to who's taxed how much but basically taxation hits middle income by the biggest dollar amount and affects poor people in the most life-threatening ways. Taxing corporations necessarily means their prices will increase. Increased prices means it's harder for the poor to live. Basically the government fiddling with the economy at very best will do nothing and will do varying degrees of harm.