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There is a middle-ground between "just a flu" and the position that the Covid numbers justify the extreme measure of shutting down the entire economy and sending tens of millions of people into unemployment, and the full consequences thereof.
There are related questions such as whether New York's severe situation justifies holding the entire country hostage. An urban/rural element.

And, furthermore, whether the lockdown measures (which aren't a real quarantine) are even that helpful to stop spread.
Indeed, it is quite possible that the half-measure lockdown in place in much of America combines the worst elements of the real quarantine with the worst elements of the herd immunity strategy
What is beyond question is that there is a lot more going on here besides the first order health issues.

There are all kinds of interested parties here who are using this to advance an agenda.
China hawks see an opportunity; wall street sees an opportunity; Dysfunctional corporations like Boeing see an opportunity; The glorified app-developers of Big Tech see an opportunity for a reputational bail out

Surveillance industry sees opportunity.
Our country is so dysfunctional and corrupt that you'd have to be naive to interpret the fallout from this by modelling it fundamentally as a health issue.

It is a health issue. But a catalyst and there's much more going on.
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