The models being used by the authorities to make the decisions that caused this economic impact were way off.
I’ve asked this in the past but not been answered, what is your source for this? Trump announced that he’s relying on a model that predicted between 100,000-240,000 deaths through August with social distancing measures in place when formulating the US government response. Looks like he’s going to end up just about right (though only time will truly tell). Where have you seen otherwise?
ETA: I found
this from April, which also claims many experts believe daily deaths will drop to under 10 by early June with distancing measures in place. Well, measures aren’t in place any longer and now there are still about 1,000 a day.