As someone libertarian-minded I can only stand back and watch with somewhat amusement because after spending years of my life learning about economics and history from a conservative perspective, it is strange that we have arrived at a moment of intense economic self-injury of which no conservative principles or common sense can be found. Nothing good will come out of tariffs and our economic problems will continue to deepen. It's not just about tariffs of course, there's other concerning economic signs I see, but I sympathize greatly in conversations I've had with small and medium-sized business owners that will now have their worth wiped out, innovation stifled, and many close up shop.
I have a great deal of empathy for people that are suffering right now, regardless of their age. I guess it must be a common assumption that boomers were all wealthy enough to put their money into retirement funds and 401Ks or that they actually had savings to begin with. It's not true for everyone though. My parents wasted what little they had long ago, did not plan for any future, and expected their children to be drained dry caring for them. And so we have to the best of our ability. My sibling has worked for over 30 years and has sacrificed their entire life for my parents - that retirement fund was to be finally something to have for themselves once my parents are gone. They've had losses before, particularly during the Bush administration and again during Trump, which they finally chose to move some money out of the market. Now what little is left will be gone I expect.
My husband doesn't even have money in the market thank god or else that would be gone too. We could not afford to take such a risk. Tariffs do not offend me, but they are a dangerous and foolish thing that no conservative should ever be wrapping their arms around. My life was not paved in gold, nor was the lives of my family - my parents cared little either way. They came from nothing, had nothing, and wanted to give nothing let alone help themselves as long as everyone is expected to help them.
I often recall a conversation with my father that he was happy to receive his SSA benefits, and did not care if there was anything left for his children because he'd be dead. My mother is happy to also receive her benefits but will often say that the SSA program is 'evil' and 'should never have existed' so she also does not care if you or me or anyone else who has labored hard should receive them so long as she/her husband does. So really, I do not begrudge the elderly or anyone else for being angry that their portfolios are being drained, at least they had something to begin with, and hopefully they can move it somewhere safe for the long term, because it's not going to be pretty.