Nobody said it's a hoax. Or an "election year takeout", whatever that means. I think it's 100% real, just overhyped and overreacted to at this point given the data we now have about the risk factors and vulnerable populations.
I think caution was prudent six-months ago. Hell, I was a proponent of "15 days to flatten the curve". Because there was a lot of stuff we didn't know and we were worried it could be bad.
But now that we now what we know, there's no need for society to act like it's the Spanish Flu Part 2. It's super risky to certain populations and very low risk to everyone else. Young and healthy people under age 65 are unlikely to die from it and there are no special complications or symptoms compared to other pathogens and the prevalence of complications does not appear to be that much higher than for other infections, which wasn't that high to begin with.
Plus, treatments have gotten better and fewer people are dying in the hospital like they were in April.
The "hoax" part has to do with the continued hyped reaction to it from the media despite the data to the contrary. If it bleeds it leads and if it makes a divisive republican president look bad, all the better, but there is simply no justification for the continued hype and overreaction given the data we have now. Young people testing positive is meaningless. Most of them aren't going to be sick and none of them are going to die. There is no need for positive tests to be cited as some kind of bad omen or evidence of a "mistake".