Trump Recession/Depression

Documenting and tracking the Trump recession and depression as a result of his slow response to the coronavirus.

39 million Americans filed for unemployment benefits in the two months after the virus started attacking the country.

In April 2020, the unemployment rate hit 14.7%, the highest rate since the Great Depression of the 1930s. When Trump took over from Obama, the unemployment rate had been in decline since 2010.

Trump White House economic adviser Kevin Hassett admitted that unemployment will remain in double digits through the end of 2020.

Despite economic hardship for regular Americans, billionaires saw their worth increase $434 billion while the virus hit.