Not to get too deeply into the various questions of severity of non-fatal cases, persistent effects, and economic and secondary health impacts, but in simplest terms the overall fatality rate is currently 0.000128% of the global population (assuming ~7.8bil people and ~1mil fatalities), with case fatality rates in the single digits. Serious? Sure. I absolutely do not want it and take every reasonable precaution to avoid it (being an antisocial germophobe helps). But objectively, in terms of the fundamental question of mortality, it's not even remotely as dangerous as many other plagues humanity has endured. Smallpox, tuberculosis, cholera, and bubonic plague all were massively more deadly up to the early 20th Century, with case fatality rates up to 60% or more.
I'm not going to get into politics or policy here. All I'm saying is that, historically speaking, this is far from the worst disease outbreak we've encountered. And in most past cases, society rebounded quickly, sometimes far stronger than it was before (the Black Death was a causal factor in the end of feudalism, for example). This too shall pass.