It's the Faustian bargain that cannot be avoided any longer. I'm waiting for someone to write the first article noting that if Joe Biden is elected he will preside over the worst crisis this nation has ever faced in history. In 1918, even though a World War was still raging, there was not an economic hole like the one we're facing.
After 8 years of Obama and 4 more of Trump - two of which the GOP had full control of government - they have proven that they cannot govern whatsoever and they will use the filibuster to stop the Democrats from governing, and at this moment there is no alternative to eliminating their recalcitrance from the equation.
Even this second, they will not support the taxpayers in their greatest moment of need but they have no compunction throwing trillions into the markets so the financial markets stay afloat.
I loathe that the Democrats simply do not message like the GOP does, and their lack of messaging shows in polls because the people are easily mislead by the GOP's sleight of hand. At this critical moment, every Democrat should be talking about "direct economic stimulus incentives" that will inject $X trillion of needed money into our cratered economy instead of fighting over unemployment boosts. Paint the GOP into the Grinch corner that they deserve, except this time the Grinch isn't merely killing Christmas, he's threatening to kill millions of Americans who cannot survive without support from the government they always support with their tax contributions.
Now is not the time to take money out of our consumer economy when doing so will cause a death spiral of debt defaults, evictions, lower occupancy in the rental and real estate markets, all of these eventually leading to another financial meltdown as debt service across the board goes wanting.
The GOP cannot be trusted to do what's best for America so they have to be sidelined for the nation's survival right now. Though I share and fear what you rightly forecast, we cannot worry about tomorrow unless we survive right now in order to get there. And to do that, the GOP has got to be moved out of the way if they will not be honest brokers willing to compromise without obstructing needed changes.