"How ya doin America?"

Prior to Covid Pandemic, 
This was the State of the USA under President Trump:

On drug use, availability and pricing:

• The FDA approved more affordable generic drugs than ever before in history.
  
• Many drug companies are freezing or reversing planned price increases.
• Reformed Medicare to stop hospitals from overcharging low-income seniors on their drugs—saving seniors hundreds of millions of dollars this year alone.
• Trump signed Right-To-Try legislation
• Reduced 'high-dose' opioid prescriptions by 16%

On Manufacturing and employment:

• Created almost 4M jobs since election in 2016
• Recorded highest employment in US history
• Manufacturing jobs grew at the fastest rate in THREE DECADES
• New unemployment claims at a 49-year low
• Median household income highest level ever recorded
• Lowest African-American unemployment rate ever recorded
• Lowest Hispanic-American unemployment rate ever recorded
• Lowest Asian-American unemployment rate ever recorded
• Lowest Women’s unemployment rate in 65 years
• Lowest Youth unemployment rate in nearly half a century
• Lowest Veterans’ unemployment rate in nearly 20 years

On economic expansion:

• American businesses repatriated $665 billion cash just last year (2019)
• Economic growth last quarter of 2019 hit 4.2 percent
• Almost 3.9 million Americans off food stamps since the election
• 401K's have grown by 45 % since 2016. (NYSE 18,500 - 27,000)
• Your taxes have dropped by an average of $1000 (nonpartisan tax policy center)
• Apple Corp cap rates reaches $1 trillion (world record)

On illegal immigration and terrorism:

• The number of unauthorized residents at lowest point in 15 years (NY Times)
• Improved vetting, screening and overseas resettlement for refugees 
• Withdrew from one-sided Iran Deal, Paris Agreement
• Moved U.S. Embassy to Jerusalem
• ISIS terrorist deaths decreased 69% in 2018
• Iraq’s terrorism death toll decreased by 75% in 2018 (GTI)

On military readiness and veteran care:

• US Military rated number one in the world (GFP Review)
• NATO allies are spending $69 billion more on defense since 2016
• Since 2016 military deaths have dropped by over 50% (US Dept of Defense)

Since the Covid19 Pandemic Crisis began in January 2020

• Employment rates fell by more than during the Great Recession
• 44% of the population experienced a decline in earnings 
• 54% experienced a decrease in savings
• Average monthly consumer consumption plunged by 25% 
• US economy shrank by the largest % since the Great Recession

                                            but,

• Apple cap rate reaches $2 trillion (one year after setting new record)
• NASDAQ nudges record high
• Fund managers most optimistic since Pandemic began (Market Watch)

The US national debt reached 120.5 percent of the nation’s annual economic output, breaking a record set in 1946 for the highest debt level in the history of the United States. The previous extreme of 118.4 percent stemmed from World War II, the deadliest and most widespread conflict in world history. Certainly the debt issue cannot all be blamed on the Covid19 pandemic, but it has taken any discussion of cutting spending off the table.

After the Trump 2017 Tax Cut, federal tax collections increased by an all-time high of $17 trillion over the previous year. That was the result of rapidly increasing employment and business growth, all of which has been reversed by the Pandemic economic contraction.

In less than six months, the US has seen all of its economic progress return to Obama era stagnation. However there is still a lot of institutional confidence in America's economic resilience, so Wall Street remains strong. 

Two positive things about the Covid19 pandemic is that it has devastated both the Islamic Jihad and the Columbian Drug Cartels, and our country elected Donald Trump in 2016.