We are talking about 33% drop in GDP, do you know how bad that is? Let me put it in this perspective, the GDP fall in the great depression of 1929 where people had trouble finding food to eat was around 15% and the 2008 drop in GDP was a bit over 1%, we are talking about 33% right now, it is record breaking and there has never been anything similar to this in US history before.
Because as people have said before it's not really 33% but more like 10% and because this is not the same as the previous crises in history, this is not a shutdown of the economy because businesses go bankrupt but self-inflicted with forced closures.
Trouble finding food?
With people habits changing we have excess productions in some areas and excess food:
https://www.dw.com/en/covid-19-crisis-belgians-called-upon-to-eat-more-fries/av-53310312https://www.usnews.com/news/best-states/articles/2020-05-21/covid-19-poses-an-unprecedented-crisis-for-potato-farmersPeople are staying at home, buying and cooking for themselves, since the easy option fo going out is out of the picture they are wasting and throwing out far less food and so a lot remains in the shops and deposits, ironically ...
turning nevertheless to waste.
The difference is that no longer people who buy it throw it out is directly the producers. Once the chains start diverting their production where it matters we will even see a drop in food price.
Yet somehow people are acting like everything will be alright when the government is printing trillions of dollars to stop the bleeding and paying citizens money for doing nothing just so the economy could stand on its feet once again. Things are going awful!
Well, the GDP is down for the 3 previous months, the effects have already been felt in the economy yet, does it resemble the 1929 crisis? No! And it will not be like that.
Wait for the 3rd quarter, you will suddenly see that things are not looking as scary as they seem now.