In terms of "boom and bust", what they probably imagine is us loafing around in our PJs all day, binging on TV box sets, enjoying ourselves not working, until we suddenly decide to try to do "all the things!" that we haven't been doing, and then we crash immediately afterwards.
What is probably happening for most of us is that, day to day, we are operating just below that exertion limit that is likely to cause us to crash, doing as much as we possibly can, and then every so often something unavoidable, and most probably unpredictable, comes along that means we have to do a bit more, which takes us over the limit, and we crash from that, whether that is immediately or up to 48 hours following.
Boom and bust as a concept is just so insulting to our intelligence, it's infuriating.