Well it isn’t going below 0.65% since that’s the Infection Fatality Rate. The media is going to look for the biggest numbers they can find. There’s no getting around that until vaccines come out and every number starts dropping sharply. Thankfully, that’s looking like it’ll be starting pretty soon.
Where did you get the IFR?
The Current Best Estimate IFR according to the CDC is
0-19 years: 0.00003
20-49 years: 0.0002
50-69 years: 0.005
70+ years: 0.054
https://www.cdc.gov/coronavirus/2019-ncov/hcp/planning-scenarios.html#
This doesn’t seem close to your assertion.