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The death rate from the flu is not 40 times higher. CV kills 10x or more of the people that get it, compared to the flu.

For your enlightenment:

How to calculate the mortality rate during an outbreak

At present, it is tempting to estimate the case fatality rate by dividing the number of known deaths by the number of confirmed cases. The resulting number, however, does not represent the true case fatality rate and might be off by orders of magnitude [...]

A precise estimate of the case fatality rate is therefore impossible at present.

2019-Novel Coronavirus (2019-nCoV): estimating the case fatality rate – a word of caution - Battegay Manue et al., Swiss Med Wkly, February 7, 2020

The case fatality rate (CFR) represents the proportion of cases who eventually die from a disease.

Once an epidemic has ended, it is calculated with the formula: deaths / cases.

But while an epidemic is still ongoing, as it is the case with the current novel coronavirus outbreak, this formula is, at the very least, "naïve" and can be "misleading if, at the time of analysis, the outcome is unknown for a non negligible proportion of patients." [8]

(Methods for Estimating the Case Fatality Ratio for a Novel, Emerging Infectious Disease - Ghani et al, American Journal of Epidemiology).

In other words, current deaths belong to a total case figure of the past, not to the current case figure in which the outcome (recovery or death) of a proportion (the most recent cases) hasn't yet been determined.

You don't know what the mortality rate is for CV because you have no idea how many people have been infected. A new study claims 86% of the people with it don't know they have it. 98+% of the people showing symptoms at hospitals don't have the virus after testing, but are suffering from something else. The largest regional hospital in SW Florida has identified 1 whole case of Coronavirus since testing began. One. And this is an area where tourists come from all over the world this time of year. Florida, an international tourist destination, has a whopping 216 positive tests and 7 deaths. Good thing there aren't any old people in this state, otherwise it might be out of control.

To date, ~100 people have died from the Coronavirus in the US. Comparably, 35 million people have come down with influenza this season and ~20,000 have died. This season, flu will claim 30,000 lives but we're not running around with our hair on fire.

When the flu hits the US at the beginning of the flu season, within a month millions are infected and thousands have died. The Wuhan virus has been present in this country for at least two months now and we have 100 dead. And you think those facts warrant devastating our economy and putting millions of people out of work? Yeah, if you want millions of people to suddenly become dependent on the welfare state, then you should be pleased. I suppose you'd also be pleased with the fact that the commies controlling San Francisco and NY are forcing residents to "shelter in place" for three weeks.

This is nothing more than a coup being ginned up by fear and panic. And FReepers are falling for it. Pathetic.