Of course the problem with it all is one general of medicine. The infectious disease specialist stays in their lane and devises an infectious disease solution. I don't think psychiatrists or economists had much of a say in it. I would speculate there are particular populations such as healthy teenagers, who mostly handle COVID easily with near-zero death rate( HEALTHY teenagers).. where these COVID restrictions caused more damage, psychological and suicide, then the COVID precautions themselves... in order to save the boomer population which did benefit.
The other problem, obvious now, is it didn't work. You can't bottle up people, particularly not muricans, a very individualistic culture. The goal was to knock out COVID in a week or two and look how it went.