Lets do some math
NATION WIDE
Total Covid-19 tests given: 6,026,170
Total positive tests for Covid-19: 1,033,157
Total deaths from attributed to Covid-19: 55,225
17% infection rate, if we extrapolate this and assume the entire country was able to be tested (328.2 Million) we would have 55,794,000 infected Covid-18 patients.
The number of deaths stays the same so we have a 0.098% death rate nationwide from Covid-19.
How does this compare to the last flu season? 2017-2018
*Numbers are approximate due to how flu like illness is reported
Total flu infections: 48.8 million
Total deaths: 79,400
This is a 0.16% death rate.
Lets do New York the epicenter of the current pandemic.
NEW YORK
Total Covid-19 tests given: 872,481
Total positive tests for Covid-19: 299,691
Total deaths from attributed to Covid-19: 18,015
34% infection rate, extrapolate with the entire population of New York (19.45 Million) we get 6,613,000 total infected making the death rate 0.27%
Here are the leading causes of deaths in New York for 2017
https://www.cdc.gov/nchs/pressroom/states/newyork/newyork.htm
The total deaths for New York in 2017 (not including violent crime)
is 117,466, or average 321 per day compared to their population of 19.45 Million that is a 0.6% death rate
Does any of this seem to add up to "overwhelmed" hospitals?
Nationwide death rate of Covid-19:0.098%
New York State Death rate of Covid-19:0.27%
2017-2018 Flu Nation wide death rate: 0.16%
New York average yearly death rate (2017):0.6%
Flu stat source: https://www.cdc.gov/flu/about/burden/2017-2018/archive.htm
Covid-19 stats source: https://www.politico.com/interactives/2020/coronavirus-testing-by-state-chart-of-new-cases/