The death rate with coronavirus is 20 to 30 times higher than the flu. It’s also hospitalizing a large percent of the people who get it. 20-25%. So it has the potential to overwhelm hospitals. Had a 3 week hospital bill lately?
Of course it’s new and nobody has immunity to it yet. So if it hangs around year after year, eventually the rate could drop.
Because it is the same as the cold virus, which no one have ever developed a vaccine for