Welcome to the new Trump economy. It is the result of President Trump’s failure to adequately respond to the the spread of the cornavirus.

The virus will kill people and can also kill an economy. President Trump has not done a good job preventing either. Last week there were 3 million claims for unemployment benefits.

The original on a Federal Reserve website is larger and clearly shows the underlying data. It may be a bit unfair to give President Trump all the blame but his failure to address the the spread of the cornavirus in a timely manner is clearly a major factor.

He crushed the previous record and greatly exceeded all data on the chart. This is HUGE or a colossal failure.