It doesn't though, it's clearly worse. I suspect you are not comparing like-for-like which is something lots of people are doing.
What do you mean by that? I am referencing the several studies recently released - one from Stanford, one from USC, and the other (I think) was from NYC on delivery room mothers (they were getting tested no matter what as they came in to deliver). The Standford study had the death rate around 0.1% - 0.2%. That is nearing the death rate for the flu (0.1%). When I said it is "looking quite a bit 'like the flu'", I was referencing these studies. Now, these studies could be shown to be incorrect as time goes by. But for now, the death rate is curving down toward flu-like rates.
This is largely because 1) with more testing the studies are finding a 50 to 80 times more people infected, but aren't symptomatic at all, and 2) governments are fudging the number of deaths. So the numerator is shrinking and the denominator is growing.
The rate if contagion, however, seems much higher than the flu.
When someone says: "Can we finally put the “it’s like the flu” nonsense to rest?", it bothers me. We should be able to talk about it. If one study comes out with a revised death rate, that might be a "hmmm" moment. Two? Three? All giving the same reasons why the numbers shift?
So when you say "it is clearly worse" if we compare "like-to-like", what do you mean? In what way are you comparing? Are you referring to the potential to cause a system collapse (like Italy), then yes, that is true. But neither of us is incorrect at that point.