No. This is your latest edition of simple answers to simple questions 1/ https://www.nytimes.com/2020/04/24/upshot/lessons-last-economic-crisis.html?action=click&module=Well&pgtype=Homepage&section=The%20Upshot

Two key points. First, the belief that rising debt inevitably leads to crisis is a zombie idea, which no amount of evidence and experience can change. CBO current projects a deficit of 18% of GDP, and real interest rates are negative — but the zombie shambles on 2/

Second, Republican deficit concern is fake and always was. They had no qualms about an unfunded $2 trillion tax cut for corporations and the wealthy; but now that we're talking about helping stressed state governments, debt is evil again 3/

If Biden wins, expect the usual suspects to party like it's 2009, warning about bankruptcy and hyperinflation as if none of the previous decade happened 4/