No offense taken. It’s a topic on which reasonable people can reasonably disagree.
I get your point about 401K’s. Mine is that the Dow can make gains every day and even return to it’s pre-COVID level and that is going to do NOTHING to help the thousands of salon, restaurant and gym owners on Main Street whose livelihoods have effectively been ruined.
Respectfully, I will counter with this. Two weeks ago, we were in Orange Beach, AL for a week. You could rent condos there, and it was the first week of restaurants opening up. Not full, but a respectable amount of business. To a person, the folks there said they were GLAD to be back to work.
I made a point of handing out $50 bills for tips. Certainly not enough to make a waiter/waitress whole after a two months layoff, but it was something I could do. I suspect LOTS of folks are doing the same thing all over the country.
In two weeks, we're going to Gatlinburg, and I'll take another pocketful of $50s and do the same thing there. I can't think of a thing I'd rather spend it on. I know many restaurants won't ever reopen, but I'm gonna do what I can to help out.
I cannot see Americans being content with being RUINED.
We, hate to sound juvenile. are better than that.
Those who have been successful in the past, will definitely want to succeed again. It’s in the blood.
If all around them are happily producing, they will certainly risk again.