This is an important point, and we need to realize that it's not just the rich guys (e.g., most of you) that will be hurt--most holders of retirement savings ac

This is an important point, and we need to realize that it's not just the rich guys (e.g., most of you) that will be hurt--most holders of retirement savings accounts are not rich. I've personally had my net worth zeroed (in a bad divorce). The effects are quite life-changing, and I think many would not survive it. If nothing else, you begin to wonder why--if it can all be so easily lost--you should bother to work at all. I do think the government "stay alive" payments are critical, and it looks like a lot more will be needed. But this is a very complex problem, and I distrust anyone who waves it away with a "simple" solution.