When will the real financial reckoning for Covid start?

We have all got so used to vast sums being spent to prop up economies and livelihoods during this pandemic that millions, billions or trillions all sound the same. But as the vaccine programmes start to have a real and lasting impact on Covid-19, the world is going to have to take stock and decide how severe the financial reckoning will have to be to pay for it all. The US under Biden has produced yet another breathtakingly large package to stimulate the economy - $1.9 trillion, a figure beyond the average person's comprehension. That sum of money, adding to America's frighteningly high debt would be more understandable if the US vaccine programme was shooting ahead at a phenominal rate but it's slow slow slow. So far only around 14 per cent of the population have had their jab. At least in the UK the vaccine programme is going at a faster rate and all adults should be jabbed at least once by July 31. Even so, the Boris Johnson government has borrowed nearly £300 billion to cope with the disastrous economic consequences of the pandemic. If interest rates were to suddenly jump up, the payback on that borrowing mountain would be astronomical. So what is the answer? With the UK government about to announce its budget next week, every expert has come out of the woodwork to give their views about what to do or not to do. Many say it would be wrong to increase taxes because that would have a negative effect on the overall economy. Others say there should be a tax on high-earners or on pensioners with big pensions. An increase in tax for businesses would seem to me to be suicidal. Businesses who have been struggling to stay afloat throughout the last 12 months would just give up in despair if they get hammered by the Treasury. Something will have to increase to pay off this huge debt. Perhaps for those who can afford it, there should be a voluntary contribution campaign, £50-£100 gift per household. If dear old Captain Sir Tom Moore could raise £30 million for the National Health Service why can't we have the biggest crowdfund ever to raise a few billion to help towards paying off the national debt? Daft idea I suppose but it would be like helping the whole country to get back on its feet.