There is a valid point to doing this. A huge amount of $$ was sucked out of the economy by the pandemic. True, there were some payments - uneven and spotty and some was sucked to crooks and some to apparently valid businesses/people.
I look at the "washed out road" concept - until traffic can pass it will all back up. You must fill the hole with sand and gravel and traffic resumes.
Of course, the hole is the broad sweep of the economy, and the sand/gravel is cash.
Once traffic resumes pent up traffic will surge, and a huge economic resumption will get quickly under way.
This resumption will create the usual economic multiple of cash flows - wages, raw materials etc etc. and taxes collected will surge and afre a couple of years all will be getting back to normal.
You can not be a miser now - the hole MUST be filled...