I question the 0.2% death rate. Taking the official data at face value, with 20 million Americans infected and 340,000 dead, the death rate is closer to 1.2%
That would translate to nearly 4 million dead Americans if the spread is not checked.
Your calculation is incorrect.
340,000 divided by 20 million equals 1.7% - not 1.2%.
You also need to use the TOTAL infection rate.
The CDC estimates that the TOTAL number of COVID infections is 2X to 4X times higher than the number of confirmed infections (20 million).
If 2X - the COVID mortality rate declines to 0.9%.
If 4X - the rate declines to 0.4%.
There are also important questions about the method the CDC uses to classify COVID deaths.
For instance...
The CDC classifies 100% of COVID + pneumonia deaths, and 100% of COVID + ARDS (Acute Respiratory Distress Syndrome) deaths, as COVID deaths.
That is NOT how the CDC classifies influenza deaths.
You can't use totals. The death rate is 4-5 times lower than it was in April.