I think the fear of a Depression was real, and the government was willing to pull the level on the most outrageous tool they had, which was drop money from the skies into the pockets of people who could spend it.
Of course I think that was wrong, but I know exactly where this came from, and it was a playbook that was broadcasted by Bernanke I believe decades ago to fight a Depression. At least we can all agree that it worked, although a little too well, which is why asset prices have skyrocketed and inflation has gone horribly wrong.