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.”
Trump to honor Artemis II astronauts who traveled farther from Earth than any humans in history
Trump fires back after protester interrupts Myrtle Beach rally for Graham: ‘Mom is voting for us’
More Westerners Waking up to Islam as Gov’t Bans Face Coverings, Leaving Both Muslims and (Ironically) Feminists Angry
Candace Cameron Bure Tears Up on Air Over Constant Criticism, But God Provided a Literally Perfect Smile Through the Pain
Fauci’s lawyers launch legal defense fund as federal, state investigations mount against him
Late-night bull run ends with a little cowboy know-how on busy California highway
New Jersey mother allegedly drunk when boat hit channel marker on Memorial Day, killing her son
Texas Gov Abbott asks the Justice Department to investigate ‘discriminatory’ Islamic washing stations
DOJ says Rubio should have final say over Foreign Service board in latest bid to tighten executive powers
Trump Announces Deal to ‘Substantially Lower the Price of Ground Beef’
Chinese Man Charged with Illegally Voting in US Election and Trying to Frame Someone Else
US threatens Belgian university over suspension of academic who exposed Jason Arday fraud
Two US Army Corps of Engineers employees among 8 killed in Alaska charter plane crash
WATCH: Deputies hunt wanted man through cornfield after high-speed chase caught on camera
Black voters rip Dems over taking them for granted in El-Sayed’s backyard: ‘Hush us up’
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.
