It was right to use fiscal policies to help those people who were hit hardest and could not help themselves. It was right to  3/7  BIS - Central bankers' speeches  support viable businesses that otherwise would not have made it through the particularly difficult times. Fiscal policy has delivered quite forcefully.
Sizeable temporary measures were taken, and the fiscal support was, for the most part, relatively broad and untargeted. And the measures were mainly financed through additional deficits. However, while expansionary fiscal measures are appropriate to restore stability in the case of a demand shock, this is not so much the case in today's circumstances.