your 2% death rate is based on early data
I think todays death rate is between .5% and 1%
no way theres a 40 day lag time its closer to 18 days
Gotta keep terms straight. Case fatality rate vs infection fatality rate. The latter includes asymptomatic and unconfirmed cases.
We can only really work with the case fatality rate, because we don't have a known ability to bring out infection fatality rate. If someone isn't tested, we never knew they had it, so we can't estimate the denominator of the equation.
Nationally, let's look at the last month. On June 29 we had 2,681,811 cases. On May 29 we had 1,809,967 cases. On June 29 we had 128,783 deaths. On May 29 we had 106,541 deaths. 22,242 added deaths against 871,844 new cases. Which means that in that month,
the case fatality rate was 2.5%. It will probably rise (some of those 871,844 will die, but haven't died YET), but that's the known rate in the last month.
In Texas, the difference between June 29 and May 29 was 97,000 cases. The difference on those dates was 783 added deaths. So
Texas' known case fatality rate over the past month has only been 0.8%. As mentioned that's probably a bit low, because some of those 97,000 confirmed cases will die, but haven't YET.
Why is Texas' CFR lower than nationally? I have no clue, but it is.
But based on these numbers, 5,000 new cases daily in Texas should correspond to about 40 deaths/day. The 7-day moving average for daily deaths on May 29 was 20/day, and by June 29 it has risen to 32 deaths/day.