It's absolutely disingenuous to use CFR to drive home a point about absolute deaths rates in a population.
People with asymptomatic infections (which are the majority of them) do not have any reason to get tested, so they do not count as "cases".
People with asymptomatic infections (which are the majority of them) do not have any reason to get tested, so they do not count as "cases".
As I said, that still implies that if everyone in the United States got it, 1.5 million of them would die (320,000,000 * .005). That's a lot of people.
If a government did nothing to prevent a terrorist attack that killed 1.5 million people, most people would (rightly) be pretty upset.
EDIT: Also, forgot to mention, it's totally disingenuous to only look at "deaths". We do not fully know the long term health effects, but as I stated there's potential neurological effects, potential risks of type 1 diabetes, and people permanently losing smell.