The American Economy is Dying

Will Coronavirus Finish the Job of Killing the Struggling US Economy?

See that chart above? The line plunging into the abyss? That’s an economy having a heart attack and dying.

The line is GDP. It just fell to about -5%, from 2%. That’s a fall of seven percent in the first quarter of 2020. The first quarter of 2020 was of course just the very beginning of the crisis — to March or so…