The states caused our deaths. New York and others shoved the elderly (an at risk population) into nursing homes. This isn’t due to good or bad responses from the Feds. The state governments are what killed us. https://www.cnn.com/2020/07/02/opinions/steady-death-rate-co...
Ultimately the disease was going to infect us. The only question was “could we slow the spread of the disease in such a way that we don’t overwhelm the medical system?”
Two reasons to believe fear of the virus would not have, by itself, crippled the economy:
1. If people were that afraid they would have been sheltering in place before the government ordered them to do so, but they were not doing that, and they only started doing that when the government ordered them to.
2. The behavior of people after the lockdowns ended.
People don't tend to fear something until it's tangible to them. When one of their family members or best friends gets ripped apart and then dumped into a grave, it will become a lot clearer very fast what kind of danger it can pose to oneself.
>2. The behavior of people after the lockdowns ended.
Some people are behaving that way, but I'm pretty sure it's mostly limited to America where we've decided wearing a mask is a political statement. (There are exceptions, but they are also often other places with similar or worse anti-science/medicine sentiment.) It's hard to even know what the outbreak would look like if both businesses and all ordinary people went back to normal. I know the economies have not recovered anywhere where lockdown has ended.
On the other hand, we do know that the economies of countries that never locked down (Japan, South Korea, Singapore, Sweden) are doing better than economies in countries that did.
If countries that locked down are not recovering, that is likely a consequence of the lockdowns themselves. It's not a surprise that ordering everyone to stay at home would tank an economy.
If you think fear from COVID-19 would not have crippled the economy, well, maybe we’ll get the opportunity to see if that’s true in some localities. I’ll firmly bet on No, it totally would still, especially as the severity increases.