It's been shown it was not due to hoarding but the fact there are different toilet papers for commercial versus home use and it took time to ramp up production of the latter when people no longer were pooping in airports, office buildings etc.
"But you know as well as I, patriotism is a word; and one that generally comes to mean either my country, right or wrong, which is infamous, or my country is always right, which is imbecile.
Patrick O'Brien, Master and Commander"
When you have actual existential dread for your kids and grandkids future it makes you contemplate whether being a father was an act truly worth celebrating. Then you remember how awesome they are and you snap yourself out of it.