I think this is one of these situations in which doing nothing has a higher cost than doing something, even if that something(give people money for free) is generally bad in most circumstances.
The goal is to make the economy to recover quickly. Fail fast, learn the lesson, make things cheap and keep unemployment low. Or do something against centuries of experience and see what happens.
Avoiding short-term pain by trading it for a much worse problem later is what made us so vulnerable to a not-so-deadly virus. Zombie too big to fail banks and corporations and a real estate market out of control. Same happened everywhere, not just US.
