[Answer]

The government isn’t overreacting. If all events carried on as usual and thousands of people continued to gather at every NBA game, every concert, political rally, wrestlemania, and nothing changed, this virus would be spreading more rapidly than it already is. The reported confirmed cases in the country are massively under-representing the actual number of cases in the country. This shit is growing at an exponential rate and people are walking around with no symptoms and still spreading it.

There’s two possible timelines: timeline A, the timeline where we did nothing and half the world gets infected, meaning ~210 million people will die, the medical infrastructure globally collapses, and the worldwide economy will crash

Or timeline B, which we’re currently living in, where we put a stop to all of those meetings of over 10,000 people and at least slow down the transmission of the virus to the point that it can be managed and at least give ourselves a chance of stopping the pandemic before it gets to the point of being unmanageable

We live in timeline B, so the reality is you’re fortunate enough to not know what timeline A looks like, but the only reason shit looks fine from your perspective is because you’re not seeing all the work being done.

That’s like if you got a flu shot and said “I don’t know why I got that flu shot, I didn’t even get the flu”

Yeah, no shit

The fact that we HAVE shut down so many events and meeting places and still expect this to continue for months just speaks to the severity of it. Politicians would not purposely tank Wall Street right before an election without a damn good reason.

As a side note, there is also now scientific evidence that strongly suggests covid-19 was not created by man, for conspiracy theorists that have implied it was meant to be a weapon of biological warfare