Unfortunately there are many people that believe it is... That the government can just indefinitely issue people money with no negative consequences, or worse they believe that simply "taxing the wealthy" is a path to that infinite money
Powell has printed $6T, and the DXY has gone nowhere but up, along with the SPY and the QQQ and the DJIA.
Every single Thursday, we report more job losses than expected, and the market screams higher.
As much as we'd like to think there will be consequences to printing money, the evidence is in that there won't be, either in currency value or market confidence. MMT has proven itself correct.
Long term however you are very very wrong
Further the Stock market is not a good indicator of economic health, never has been. Stock market is largely irrational