COVID-19 IFR overall is something like 0.5% across all populations. While the typical seasonal flu is 0.1%, both are relatively harmless in the grand scheme of things. This becomes more clear if you look at ages under 50 - the IFR for them is astonishingly low, to the point that societal restrictions are effectively risk containment for the elderly or unhealthy (like the obese) at the expense of the young and healthy. I think that makes the discussion around the tradeoffs more difficult and nuanced. I’m not saying that any one approach is definitely right or wrong, but that there are legitimate perspectives and lines of reasoning to support a relatively wide set of approaches.