Much better to overdo stimulus in a crisis and prevent a cratering economy (and human suffering) than the opposite. Stimulus is hard, politically, basically onl

Much better to overdo stimulus in a crisis and prevent a cratering economy (and human suffering) than the opposite. Stimulus is hard, politically, basically only possible at the peak of the crisis. Raising rates to undo it after you know the stimulus did its job is easy. Under-stimulating is what happened in 2008+ thanks to Republican obstruction and fear of electoral "anger", and we got years of extra suffering as a result.