I wonder what the mortality rate would be if this virus had raised it's head 100 or 200 years ago. It would only be speculation, but I'm sure that 1.4% would be way out of wack. Our health care is much advanced to what is was back then and the availability is much much better, so doing a comparison is quite skewed.
Fact is, there are lots of people dying pre-mature, others are sick and slow to recover, some others don't recover at all. We have something (vaccine) that can help to reverse the trend or maybe to eliminate (doubtful), it cost hardly nothing so why not give it a shot. We did, hoping we did the right thing, so far so good, and if we didn't then we cross the river into glory a little sooner or later than expected. I just don't like being sick either.
As far as government spending is concerned and worrying about it? I gave that up. Our countries are so far in debt now we will never get out of that, so spending or what it is spent on I don't think it would make any difference. My thoughts are more along the line of who are we borrowing from? who is collecting the interest? Maybe somebody can answer that?