I'm not even sure what you are arguing. Things are not "bad full stop". The article pretty clearly points out that for large swaths of the economy things are absolutely just fine, that in aggregate things are just fine, that aggregate measures of debt and savings are both looking quite rosy.

A few months down the line literally all of the economic issues will be better off as quarantines are lightened, as things reopen and new businesses are created to replace the old. The actual issue is going to be what society does with our national debt one day including the 3T we assumed as part of our stimulus for this one pandemic. This is not a "few months away" problem but a few decades away problem.