I will grant you the lack of purpose being a motivator for suicide, but none of us know how that would transpire during a global pandemic. I know there is debate over the specifics over Maslow's hierarchy of needs nowadays, but generally speaking I think a lot of us will focus less on these internal issues in times of external danger.

Also if we are going to use government incompetency as an argument here. I would throw it right back at you and say I have little faith in the government implementing a reopening plan that doesn't either kill people or damage the economy long term.

Lastly it is a false dichotomy to present a choice between protecting people from COVID-19 or protecting the economy. If we refuse to do the latter, we are going to ruin the economy anyway. Hundreds of thousands of people dying would certainly put a damper on demand. And while there are certainly people protesting about reopening sooner, I don't think think movie theaters would be selling out if they opened tomorrow.