A "calculated risk" is an apt characterization.
The CDC has a proactive stance with an emphasis on political concerns vs public opinion:
The CDC's position would be more in line with the apparent stance that public health is to be managed as a collective issue by world leaders and experts with a minimal concern for public input.
Serious side effects from the swine flu vaccine in 1976 were documented but rare:
The swine flu of 1976 and COVID-19 are not exactly the same but have many parallels. What we should watch carefully is the VAERS database as vaccine manufacturers have special exemptions from liability:
VAERS database: user link on vaers.hhs.gov
Something to keep in mind is that reports in the VAERS database are not verified. It is still useful information in aggregate, however.
Watch for a potential uptick in adverse reaction reports, especially with regard to antibody-dependent enhancement: user link on pubmed.ncbi.nlm.nih.gov
October will be the right around the six-month mark since the COVID-19 vaccines began rolling out. A much better understanding of any potential adverse effects may be apparent at that time. It is something to monitor carefully.
Sencer, D. J., & Millar, J. (2006). Reflections on the 1976 Swine Flu Vaccination Program. Emerging Infectious Diseases, 12(1), 29-33. https://doi.org/10.3201/eid1201.051007.