I think your not understanding my point here. My point is that we are there nationally.
While we are a fairly wealthy nation, we can only take on so much debt and we were drowning in debt prior to this pandemic. There is only so much more debt we can take on.
40% of all businesses in this country are small businesses. If everything opened up today just like normal, say a vaccine had been distributed today, so today all businesses could re-open and all can get back to normal... there are many small businesses that simply can't reopen ever, at this point. Their doors are now permanently closed.
Money has to come from somewhere, and this fantasy of a magic money printing press is just that, a fantasy.
And the longer this keeps on the more businesses will be past the point of no return. This is a gift to giant corporations.. for real.
If we had zero debt when this started I would agree we could handle it nationally, but it's like fighting a war on so many fronts you just can't fight another one and we had over 20 trillion in debt prior to this... we can't just start adding up more trillions (which we are already doing) or we will never recover.
The way this is trying to be done right now will destroy us. It's time to go with some rational thought. Ideals, while lovely, are usually not reflective of reality.