https://www.nejm.org/doi/full/10.1056/NEJMe2002387
Fauci et. al.
If one assumes that the number of asymptomatic or minimally symptomatic cases is several times as high as the number of reported cases, the case fatality rate may be considerably less than 1%. This suggests that the overall clinical consequences of Covid-19 may ultimately be more akin to those of a severe seasonal influenza (which has a case fatality rate of approximately 0.1%) or a pandemic influenza (similar to those in 1957 and 1968)
Was he wrong then or is he wrong now?
By March 11, he had changed his tune.
Coronavirus Is 10 Times More Lethal Than Seasonal Flu, Fauci Says
Fauci was initially dismissive but adjusted pretty quickly. Flubros don't seem to be making the adjustment at all.
Just my opinion, he was not wrong then and he is getting really exhausted now. The enemy that is media are pressing an old man for data points they can us to keep the panic going. The press, like their massahs the demon rat party, are all in to stop Trump’s re=election.