evidence: This time, Washington bailed out Main Street. Congress’s multitrillion-dollar covid-19 legislation contained tens of billions in aid for airlines and other large businesses. The Federal Reserve has helped out Wall Street with $2 trillion in asset purchases so far. [...] There is no immediate issue of "moral hazard"; the Main Street bailout does not reward speculative excess but compensates for imposed losses. Come to think of it, unemployment insurance, or UI, and direct payments during the pandemic have probably helped stabilize banks, too, since they have had less bad credit card and mortgage debt to write off.