Stimulus cheques - and the other parts of the spending - are more like a crutch. They keep you and the economy propped up until you can stand on your own.
Yes, government debt will go up, and there may well be tax increases and spending cuts in the future to try to reduce it. But that would apply with any sane government. Margaret Thatcher would have had a fit at the Republican Party of today (and not just the way they are running up the debt).
Heavy industries are in trouble anyway, but there are the tech industries and financial businesses that can be tapped. (But this is where we get to Thatcher again - she wasn’t a fan of trying to keep uncompetitive industries going). Not to mention wealthy tax evaders and avoiders. I’ve seen a suggestion of an extra tax on executives who are paid out of proportion to the rest of their company’s workforce, but I think that was a State initiative.