This was done during a pandemic period and I doubt it would continue forever. But even in a pandemic situation they helped companies more than they helped people and we all have seen how useless that is. Trump actually has three tweets about how stock market moved above 25k, one in 2018, one in 2019 and one recently, he talked about how awesome stock markets are going by pointing out the three same levels and doesn't even realize it.
When you help people, those people spend the money on companies and companies profit anyway. If you pay it to companies directly, they just pay themselves bonuses. So, at the end of the day america is still a big capitalist country, the biggest capitalist country in the world, and even if it doesn't work they are brainwashed and will continue to be one.