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It's not exactly a taboo question: conservative outlets and voters are asking it constantly.
i've been railing a lot lately against false dichotomies (because it short-circuits real critical thinking), but we shouldn't fall for framing this question as a left/liberal/democratic vs right/conservative/republican issue (i.e., tribalism makes us dumb).

yes, many people have overreacted: (over-)stating death rates with certainty, buying guns, stockpiling toilet paper and water, etc.

this is not the black plague. indications are that it's a strong form of the cold (many of which are also caused by coronaviruses), which should be taken seriously but not hysterically. the variable risk is that it's a new form of coronavirus, so we don't have a lot of data yet.

we've taken measures in many areas to both contain its spread and get that crucial data that will guide our long-term response. in the meantime, limit exposure, but don't get worked up or frenzied with fear. administrators are putting together economic measures for those who face serious economic risk. consider the next two weeks a staycation and loosely hang out with your family and (close) friends and chill.