The problem here is not the lockdowns. It's that Trump administration failures have meant we are not making good use of the time the lockdowns bought us. In basically the same way that a failed federal response means we wasted the time when we knew a pandemic was coming.

The correct response is aggressive testing and tracing. As the data shows, this worked fine for S Korea: https://www.ft.com/coronavirus-latest

Until our number of active cases gets within our test-and-trace capacity, shelter-in-place orders are the only option (aside from mass sickness and death, of course). Models suggest we're getting there, some states sooner than others: https://www.npr.org/sections/health-shots/2020/04/25/8440886...

You're right that another egregious failure was in financial support of workers and small business owners. Again, that was a giant federal mistake. There's no long-term need for most of these businesses to close; it's just that they don't individually have the capacity to weather this downturn. But systemically we have the capacity, and long term it will be way more effective to get existing businesses through this than to force a bunch of bankruptcies.