2008 bailout didn't even come close to the size of the Covid one. And there were far fewer "helicopter" dollars, no eviction moratorium, foreclosure moratorium,

2008 bailout didn't even come close to the size of the Covid one. And there were far fewer "helicopter" dollars, no eviction moratorium, foreclosure moratorium, student debt forbearance. And the economy was much worse back then, with many high profile bankruptcies and slow gains in employment The initial Covid packages were warranted, but the packages passed in December 2020 and March 2021 were largely unnecessary after the initial shock had passed and the velocity in the drop in unemployment was already strong. Or they may have been warranted at a much smaller magnitude with more discretion in who received benefits. The consequence now is that the economy is so overstimulated, we basically have to force the recession we would have had anyway to prevent it from overheating. So we'll end up in the same place, but with a ton of extra debt to service