I agree, but there is nuance, and unfortunately in today's 'murica our professional and amateur screamers are incapable of having a detailed, nuanced discussion of data and facts. You're never going to hear a talking head on TV or someone screaming on twatter make that point.
As noted above, hospitalization data is based on claims not reasons for admittance. Practically, if a person comes to the hospital with chest pains, there is no way to capture that only what the hospital treats (i.e., bills) in ICD-10. That's why we always will see a lot of patients hospitalized for gunshot wounds, car wrecks, etc., who happen to have covid-19 and therefore will be reported as a covid hospitalization. Now some places have tried to do some audits and get a finer POV, but medical claims data is notoriously tough to deal with for myriad reasons. Same goes with deaths. We'll probably never have a truly accurate count on either regard.