Maybe. We don't actually know how many mild or asymptomatic cases of covid are out there, and so we don't know what the mortality rate is. 2% is an upper bound, but almost certainly not the true mortality rate.

I'm not saying that we should not take covid very seriously. I'm just saying that before we allow it to shut down the global economy we ought to maintain some perspective on the magnitude of the risks society already faces year-in and year-out.