It was the worst of all worlds and you're blaming it on the wrong people.
What does this mean? That the Fed will just print money to cover every business expense of every business during "proper" lockdowns? That seems like a terrible idea.
But if you are a smaller business you are just going to be left to rot.
Yeah maybe they will have to buy less hundred dollar toilet cover for the military, or less last generation missiles, I think that should be more than enough to pay for it. Or maybe less subsidies for the oil industry.
That's really dishonest. The unemployment insurance boost ($600/wk for many months), continuing in a limited fashion, was huge and expensive. And the PPP (even if there were execution problems) was a forgivable loan, basically a grant. A huge amount of money was pumped into maintaining employment.