Death rate is down because the average age of people getting COVID is younger, it’s already been documented and talked about quite a bit. Doesn’t mean they won’t get lifetime lung damage and that they won’t eventually re-infect the older folks at risk.
The lifetime of lung damage myth is absolutely one of the most ridiculous pieces of modern folklore about covid.
Please point to the incidence of these cripplingly disabled healthy young people?
We have no reason to assume reinfection is possible prior to functional mutation. Functional mutation is likely, but at a much slower rate than the flu. However, what we know from other novel viruses is that mortality rate will usually trend down over time in successive, functionally different mutations.