Debt is neither free nor irrelevant, as interventionists want us to believe, even if interest rates are low. More debt means less growth and a slower exit from the crisis, with lower productivity growth and a tepid employment improvement.
COVID lockdowns (1) threw millions out of work, (2) increased police harassment of peaceful people, (3) cut people off from key institutions that reduce social conflict. This made a volatile situation far worse.
Americans were once harangued by government "experts" about the need to slow down on highways in order to save lives. Few listened. Today, laws demanding everyone "stay at home" may suffer a similar fate.