I think the view that the infection fatality rate is significantly lower than the case fatality rate has already been factored into public policy. Because even

I think the view that the infection fatality rate is significantly lower than the case fatality rate has already been factored into public policy. Because even if the IFR is around 0.5% then that still works out to > 1,000,000 people dead in the US in an uncontrolled spread scenario. It would have to be another order of magnitude lower than that to be comparable to the seasonal flu.