Consumer debt levels as well as corporate debt leves were at levels that the country had never seen going into all of this. The consumer was driving businesses who were growing using debt and debt was driving the consumer. Government debt is also reaching levels never seen before. This was ok when GDP was humming along but when that GDP shrinks all that debt suddenly becomes an obvious bubble that pops. In other words, our entire economy was being blown up by people living beyond their means so this stimulus is likely just going to be an temporary bridge to get through the next few weeks. The attempt here is to push the debt back 3 months for the consumer which then creates a 3 month gap without income going to lenders but the Fed is trying to create a bridge for the lenders to cover that 3 month gap. At some point the government will not be able to build any more bridges and the consumer is going to still have to pay the debt back, the lenders will still need those debt payments to operate. It just feels like we are trying to use debt to solve a debt problem created by a pandemic. I'm not saying we shouldn't do the fiscal package, it just feels like panic in an attempt to prevent the inevitable. Only way this works is if jobs aren't lost in mass.