Only 12%? More than 1/10 of your population dies, literally more than a decimation by its old meaning, saying that this is not such a disaster is incredibly unempathetic. Or you have a very warped view of what consists a disaster...
Does 1 out of 874 people dead, mostly elderly and/or with comorbidities, sound bad?
Picture a room with 874 people. That's a lot of people. Ask 1 person to leave. Is that a disaster for society?
People should be outraged with how healthcare failed, but media and politics are reporting about the virus like it's a plague, just so they can cover their asses.
Nevertheless, I agree it's a catastrophe.