There are several things any economy needs to boom.

1. Available Workers
2. Low taxes
3. Low interest rates
4. Low energy prices
5. Low regulations/freedom
6. Low individual debt
7. Fair trade not one way trade.
8. Plentiful natural resources

The more you have the bigger the

......BOOM. With the massive increase in unemployment over the last three weeks one of things that could have caused the economy to stall (lack of workers) is no longer present. The emergency has also caused several other things to change in the economic equation.

You now have zero interest. You now have cheaper energy. You now have available workers. You now have less regulations as Trump has continued to cut them to fight the virus. You now have two new major trade deals taking effect. The China phase one trade deal is now in effect and

...USMCA will take effect this summer. Taxes are lower from the Trump tax cuts two years ago as well as a $1200 tax rebate per person and other tax advantages passed in the relief bill. Natural resources including oil are plentiful and will be plentiful as supplies are building.

The additional $600/week in unemployment benefits, as well as the Payroll Protection Program will blunt the negatives of massive unemployment while allowing more workers to seek better jobs once the event is over.

On the negative side you have some increases to personal debt as surprised expenses and some loss of income are being seen. You also have an increase of government and Federal reserve debt which will impact future growth. However, if you take the positives & minus the negatives,

.....you come to the conclusion that the economy has so many of the required things for a booming economy, that once the freedom is restored, the economy will take off like a rocketship leaving the launch pad.

This has nothing to do with pent up demand. That will help too but regardless of demand the needed ingredients of a booming economy are in place. I would be more concerned with the unemployment numbers if not for the $600 extra per week and the PPP program.

The virus is basically a leash holding back the economy. Release that leash and the economy will run all out for months/years to come. Don't bet against the USA economy. The only thing on the horizon that I could see stopping the economic growth is if Trump somehow lost in Nov.