Refinancing - will it help the U.S.?

There are several good articles floating around about the current economic times and the ability for folks to refinance or not.  I really like this one because it boils it down simplistically but without making it so watered down you don't get anything out of it. 

 

http://features.csmonitor.com/economyrebuild/2009/01/22/new-refinance-boomlet-may-lift-economy-a-bit/