If 10% of the population needs ICU and dies because they cant get it, then there is no business as usual.
At the same time, economic problems affect everyone while it seems that covid-19 harm scales with age.
No easy solutions to be sure, but I have hope more data becomes available soon so we can implement more nuanced policies to achieve similar containment while preventing massive unemployment. Testing random samples of the general population would be a good first step.
It can easily happen that by killing economy in order to save lives, we may actually be doing the opposite in the long term.
[1] https://www.iss.it/web/guest//comunicati-stampa/-/asset_publ...
[2] https://en.wikipedia.org/wiki/List_of_countries_by_life_expe...
[3] https://ourworldindata.org/grapher/life-expectancy-vs-gdp-pe...
Personnaly, I have issues with people using economic data, read money, to define the value of other peoples lives.
I read on your link that average life expectancy in Italy is 83.4, about 4 years more than US (at 78.9). So I don't get your point unless you are speaking about the age structure: https://en.m.wikipedia.org/wiki/List_of_countries_by_age_str...