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.”
WATCH: NYPD bodycam captures tense standoff after Bank of America exec fatally stabbed in Times Square
Lindsay Clancy’s push to investigate holdout juror could be paused as defense, prosecutors agree to adjourn
Protester storms DC party, flips off crowd as ‘USA!’ chants erupt amid Trump’s AI push
Viewers Beg for Cancellation of MTV Video Music Awards After Chaos, Incompetence, and Gross Madonna Ruin Already Vile Awards Show
DOJ pleads with Supreme Court to save ban on transgender treatments in federal prisons
Homeless Man Arrested in Brutal Murder of a 63-Year-Old Woman in Central Park
Sweden’s left-wing coalition fails to form government, opening possibility for right wing to stay in charge
Reporter’s Notebook: Senate Republicans scrap early exit from Washington as midterm stakes soar
Blue city funds immigrant activist program with taxpayer dollars, critics say it ‘shuts citizens out’
AOC gives major hint about 2028 as Democrat civil war looms
Walz’s ‘exit interview’ reflecting on his tenure sparks lawmaker debate about his legacy: ‘Never serious’
Former Climate Reporter: My Industry Protected the Climate Change Narrative By Killing Positive News Stories
Degeneracy: School Protected Teacher Taking Sexual Pics of 10-Year-Olds Because He Is Gay and ‘Bats for the Other Team,’ Court Docs Say
Government-Owned Capitalism: Brilliant Strategy or Socialist Disaster?
Key Alaska Senate Race Comes Down to One Issue: Fish
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.
