Indeed there would. The naive estimate of deaths is bad enough, the knock on impact is a bit harder to wrap our heads around in terms of magnitude, but would still be severe.

Basically - this is not nothing, it’s being treated like a Big Deal because it legitimately is. There’s a lot of talk from the “treatment is worse than the disease” crowd, scant few of whom are experts. And like climate change and evolution deniers many of the arguments seem to boil down to conspiracy theories or the It’s Always Sunny In Philadelphia argument - “science is a liar ... sometimes”: https://youtu.be/Zgk8UdV7GQ0