For the folks more concerned about the economic impact instead of the literal threat to life impact, here is something our government can be doing to find a middle ground.
Once they are able to test for antibodies and tests become more widespread, set up a system where people are locked down temporarily and widely distribute tests to every working-age home you can think of. The government could be doing this through the USPS. Those who test positive, stay at home for 2 weeks because that is when their ability to infect someone else usually passes. Those who test negative and already have antibodies, send back to work already. They were already infected and the research shows that your chance of getting reinfected is low at least for a month. Cascade restarting the economy through these actions.
Our government right now however isn't even trying to mobilize at this level. So, I doubt something that massive will ever happen. But I think this is what the UK is working on doing if I'm not mistaken and this seems like a good middle ground to address both issues.
Because if you don't do this and rush people back to work, you're going to cause this to spiral more out of control. Besides, some businesses will suffer without a doubt regardless of what the president and some dumbass governors (i.e. The MS governor) say, if people dying in the hundreds or thousands A DAY, they aren't going to go out to eat for example or go see movies. In addition, the government is probably going to be forced to lean back anyways if it starts to get into unmanageable levels that Trump himself can't even justify and a large portion of the workforce is out sick.
Its a pick your poison situation. Hurt now or hurt later. South Korea, Singapore, and to a lesser extent assuming some truth telling of China, picked the hurt now options.