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.”
Street takeovers and traffic control by agitators in Minnesota cross legal lines, retired detective says
Suspect arrested after fire burns oldest Mississippi synagogue
US used sonic weapon on Venezuelan troops, report shared by Leavitt claims
Critical clue led police to suspect Chicago doctor in deaths of Ohio dentist, wife
LA Residents Still Battling Toxic Hazards in the Aftermath of Last January’s Devastating Wildfires
DHS deploying hundreds more federal agents to Minneapolis, Noem announces
Chinese Communist Party Rounds Up Members of Underground Christian Church in Crackdown
Repeat Offender Charged with Assaulting, Robbing Pregnant Woman While on Blue City’s ‘Electronic Monitoring’
Federal judge blocks Trump administration from enforcing mail-in voting rules in executive order
Obama Presidential Center slammed for promoting ‘far-left’ agenda on public land
Dallas Police Solve 52-Year-Old Missing Person Case, the Oldest in the State of Texas
Police Department Uses AI to Write Reports, Only to Have it Claim One of the Officers Was Turned Into a Frog
Blackstone Stock Nosedives After Trump Announces Plan to Ban Major Investors from Buying Up Single-Family Homes
Trump responds to post suggesting Rubio as president of Cuba: ‘Sounds good to me’
Somali Maine city councilor resigns days after taking office after felony charge, residency questions
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.
