330,000,000 US population
.26% fatality rate
Or think locally.
30,000,000 Texas population
Return to business as normal and we lose another 748,000 people.
Something like .26% is easy to dismiss, but when that is applied to the larger population, it becomes significant.
Additionally, the fatality rate in the US has been kept down by being able to apply medical care to the infected populations. But take NYC, for example, where they dealt with certain hospitals being overrun. It appears the fatality rate there ticked up to .5%, or double the overall fatality rate. Were we to completely relax our guard, we might not get to .5%, but it wouldn't be .26% either.
We might be comfortable with .26% or even .5%, but is anyone comfortable with what those numbers actually mean?