I have never been in an accident where I was helped by wearing a seatbelt, and preparations for Y2K cost many times more than any of the harm that was caused by Y2K bugs. Considering that I've never experienced malnutrition, I seem to waste a lot of time money and effort on nutrition, too.
Ignoring mental health consequences of difficult times is foolish, but this sounds much more like it was a "well, actually" sort of conversation meant to stroke people's egos.