As Bill gates said, we can't say- "Hey, keep going to restaurants, go buy new houses, ignore that pile of bodies over in the corner. We want you to keep spending because there’s maybe a politician who thinks GDP growth is all that counts"
The truth is that it seems our choice is relatively simple:
1) Allow the virus to spread rapidly, overload the health system, kill many people, until herd immunity is reached.
2)Do partial shut down measures, some partial efforts at testing and contact tracing, let the virus continue for a long time, and more slowly reach option 1.
3)Do strong shut down measures until the virus is able to be controlled by a strong testing+contact tracing regime.
Iran (seems to have?) chosen option 1.
Italy started with option 2, and will hopefully move into option 3.
Option 3 is the only acceptable option that doesn't destroy the economy and health systems.
Unchecked, 10 cases of this virus will turn into 100s of thousands. That is the same with 10 cases in March, or 10 cases in May or 10 cases in any month.