Coronavirus has only been kept to the level it has because of a lockdown, figures for flu are without a lockdown. The numbers for this without a lockdown do not bear thinking about - it is not something you can just live with.
Take a look at the figures in Sweden who haven't had a lockdown.
Population 10 million, confirmed cases 20302 ( 0.2% of population), deaths 2462 ( 12% of confirmed cases).
UK figures
Population 65 million, confirmed cases 161145 (0.25% of population), deaths 21678 (13% of confirmed cases)
Of course our figures are only hospital deaths.
So our lockdown has produced a higher percentage of cases and deaths. Sweden is enjoying a near normal life with some minor restrictions but no lockdowns. They will have very few business failures because of it. They will also see a smaller increase in unemployment. We will be hit hard on both these fronts.
So I wonder who has got it right ? You can always tell me after the government has extended this current lockdown !!