That trade-off is different for everyone - I expressed an opinion on Facebook of all places that we were going to have to open up again (in the UK) at some point relatively soon and allow this to become an acceptable risk, much like flu and I was met with a lot of reactionary vitriol.
The general public seem to think that money and the economy doesn't matter and we could survive a global depression to save a few thousand lives. Every life lost is a tragedy, but how many would lose theirs in the midst of a depression....
The difficulty is of course defining that point. There will be a lot of reactionary anger if and when things are relaxed and a second spike on cases occurs. This global stoppage can't go on forever, and can't happen every few months. No matter what Joe Public thinks