Super harsh take:
Acceptable loss. Half of them were dying, severely ill or only a few years from death by old age anyway. And you haven't actually saved the other half. You've just shifted them from public death by virus to diffuse death by poverty, homelessness, suicide, crime etc.
Shutting down that last 10% of the economy for not much marginal gain is, IMO, a move we will end up regretting.