The naive interpretation:
US is getting much better! (death/case ratio)
Our treatment rocks!
COVID is getting weaker!
(! used as excited it-has-finally-turn-into-flu bros and sis insist) /s
1. daily new case # accurately reflects daily new symptomatic COVID patients, without realizing that (a) lack of test kits in the US in march pushed the actual peak (red) later) (b) many tests were reported 5-8 days late
3. age distribution of COVID new cases remains constant.
An exponential growth is always going to crash our hospital system.
A crashed hospital system won't be able to treat patient adequately.
We need to increase social distancing to change the growth rate. Status quo does not work.
Yes, it is getting much better, but COVID is still a lot worse than flu in terms of fatality rate and sequelae.
We can probably realize an IFR of 0.6-0.8% right now, but an overwhelmed hospital system won't be able to deliver that
Next 3-4 weeks will be telling
Considering the demographic shift, the data right now is not strong enough to make any conclusion. Error bars from delays in testing and death reporting are simply too large to make any conclusion.