Sunday on New York AM 970 radio’s “The Cats Roundtable,” economist Stephen Moore weighed in on the potential impact of the coronavirus to the United States economy.
Moore warned the nation could be “facing a potential Great Depression scenario” if the United States stays on lockdown much past the beginning of May, as well as an additional amount of deaths caused by the raised unemployment rate.
“[A]t some point soon, we’re going to have to make some real decisions about what kind of a calamity we are causing through this lockdown of our economy,” Moore told host John Catsimatidis. “I’m not saying we shouldn’t be inattentive to the public health concern — we should. … But at some point, we have to worry about what we’re doing to our society, and what kind of economy we’re going to have after this is all over.”
Congress fails to save Obamacare subsidies after shutdown fight, premiums set to surge
Former GOP Sen Jon Kyl announces dementia diagnosis, steps away from public life
Mamdani picks educator who worked to dismantle Gifted & Talented program as NYC schools chancellor
Former Colorado Sen. Ben Nighthorse Campbell dead at 92
Democrat Renee Hardman wins Iowa Senate special election, denying GOP supermajority
Missing elderly person found in bitter cold woods after police deploy thermal imaging drone
DHS reviews citizenship cases from Somalia, other high risk countries for possible fraud
Judge suggests DOJ leadership pushed for Kilmar Abrego Garcia prosecution
Florida firefighters allegedly waterboarded, whipped rookie over TikTok video as 4 face criminal charges
Bear remains under California home after weeks of failed removal attempts
Wild video shows speeding car going airborne, ejects driver into backyard pool
Mainstream Media Reporter Slammed for Insane Suggestion About Somali Day Care Owners Turning to Violence
SEE IT: Daycare center at heart of Minnesota fraud investigation fixes sign after viral mockery
Shirley associate in viral video says he filed criminal complaint against Walz over daycare fraud allegations
Mamdani taps controversial lawyer who defended al Qaeda terrorist for top role: ‘Powerful advocate’
He went on to suggest President Donald Trump and governors across the country should get the economy “up and running for the good of our country” by coming up with “smart policies.”
“If we go much past May 1st, we are facing a potential Great Depression scenario,” Moore added after agreeing with Catsimatidis that the economy needs to be started back in the next 30 days.
Story cited here.
