The most striking aspect of this chart from The Wall Street Journal -- which puts the US GDP 4.8% Q-1 contraction in an historical context -- is that the y-axis will be re-calibrated in such a big way post in three months' time (that is, on the release of the Q-2 data) to make these changes look relatively small ... and even though they are big in absolute terms. #economy #us #growth #gdp #wsj …see more