I really think this is over the top. The US economy was doing very well prior to the outbreak, the US doesn't seem to be doing much worse than other countries. (Actually, the US seems to have a little better stats, judging by death-per-million.)
Why is Der Spiegel posting such a one-sided story? Are they hoping in some way to influence American politics? (Legitimate question.) If so, what is the reason?
It seems to be heavily paywalled in a way I can usually get past.
There's no paywall, just a nag window at the bottom that you can close via X.
Bonus Antics: German author uses "(sic)" in photo caption to imply that black nurses from Brooklyn are not speaking proper English.
Der Spiegel didn't even get the date right - it was January 24th when Trump said “We have very little problem [sic] in this country at this moment—five [confirmed cases]. And those people are all recuperating successfully.” according to the sources I can find.
There will be a working class, and a leach class. It will forever define politics in the United States. What starts as good intentions will be what causes the end.
Our small business couldn't really afford to pay 15$/hr for a secretary, now with free money as a competitor, I imagine the cost of unskilled labor will only go up.
That's already the status quo. The consequences of coronavirus will only solidify this... just look at Amazon, they're taking over business from a lot of quarantine-closed small stores, no matter if food or non-food. Many people will stick with Amazon, Bezos gets all the money, and entire 'hoods will collapse once the lockdowns get lifted. The biggest companies have enough cash, access to cash or fire their employees to ride out the lockdowns, the small businesses will go belly up no matter how much "stimulus money" gets injected.
I rather suspect that there will be a third class, or to be more precise, it will become evident to everyone that this class exists: destitute people in yet-unknown masses. Dozens of millions of people in the US have claimed unemployment benefits. Give them a month or two to run out of savings and debt options, and they'll be unable to make rent, get evicted, you get the rest.
You should note that “Der Spiegel” is left-leaning and has probably never lost a single good word on Trump ever. Without having read the article, I expect this to be based more on wishful thinking by doomsayers than on real concerns.
