I agree with your general sentiment. However, I don't think 200k deaths would be something to be proud of. That is 70x September 11. Can you imagine if we had two September 11s back-to-back let alone SEVENTY?? The numbers are numbing. I see current projections from University of Washington as median deaths to be around 80k, which is still exceptionally high compared to other nations which kept their numbers much much lower...
Of course I'm hoping for the best from a health and economic perspective, but sometimes they are in conflict with one another unfortunately. I also don't think we've necessarily hit the bottom -- depends how long this plays out and what happens with stay at home orders/hospital capacities/death numbers. I could see us testing the previous bottom in late April as we're supposed to be at peak around April 16 and if numbers aren't declining significantly late next month, there could be worries ahead... Hopefully that's not the case but not sure we're out of the woods.
But of course without the huge action by feds/Congress the market would be much worse off currently, that I agree with.