The virus has been seeded throughout the country and I think the next couple of weeks will show a lot more cases as all the ones incubating now will pop up. Most of us will eventually get exposed and develop immunity - just like with West Nile Virus that now lives among us. The biggest problem is the disruption of services and the financial impact on businesses and families. I work in a hospital and masks are in short supply already. Most of our masks and protective equipment are made in China. China has shut down a lot of these factories, so that is a very real issue. Some hospitals are shutting down services like elective surgeries in order to save supplies for emergencies.
Bottom line - we will get past this. The more we can slow the spread, the better off we will be. The elderly are the most vulnerable and I worry about my 86 year old mom in a care facility. People will die, yes, but up to 40,000 people die in the US each year from the flu and still, a lot of folks won't get a flu shot. In another year, this will just be another virus that lives with us.
My take on the whole thing is that it is an excellent rehearsal in preparedness for a really BAD pandemic, with a much higher mortality. If the avian flu ever mutates and goes person to person, it will wipe out over half the world's population. If we can learn lessons from this Coronavirus outbreak, it could actually be the best thing to happen. People need to be prepared with food, water, medicine - for ANY disaster. FEMA, the CDC, and state health departments have been saying this for years, but people still don't even have enough TP in their homes to last 2 weeks!