I'd say the right move depends on the outcome of the many Chloroquine trials now underway.
If it's an effective treatment then there's really no reason to keep everyone (as opposed to only elderly and vulnerable people) locked down.
"But the economy isn't worth peoples' lives" - human life isn't priceless and the lockdowns themselves take a severe toll, much of it falling on young healthy workers rather than those who are close to the end of life anyway. Tens of millions rely on the shuttered industries to feed, clothe and shelter their families.