This is definitely false. Many companies are going to have layoffs. Supply chains will become disrupted. You can't just hire those people in two weeks and get production running up to 100% right away. If we actually go into a recession due to this (if we're not already), then people won't be willing to spend as much money right away either.
The problem is that some are doing it, some are not. And then they are doing it on different schedules.