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.”
Personal attacks, Israel, and terrorism define Michigan’s caustic Senate debate
ABC News Targets Trump Family, But Has to Immediately Delete False Story – Was Off by Billions of Dollars
California Medical Breakthroughs Bring In Hundreds of Millions While the Very Same Industry Suffers Substantial Job Loss
Federal grand jury hears evidence in probe of former Trump aide Cassidy Hutchinson’s Jan 6 testimony: source
Michigan Senate debate erupts into personal attacks as Rogers, El-Sayed clash over Israel, Iran and more
El Sayed dodges question on whether Israel or Iran poses greater threat to US: ‘Both of them have proven dangerous in their own way’
Letitia James Hit with 52-Count ‘Indictment’ from Her Republican Opponent
Fauci raved about China but fumed at Trump in diary
Arizona man arrested after allegedly emailing White House bomb threat to Tucson news station
Bombshell: New Text from Cornell Rape Accuser Contains 4 Case-Killing Words – ‘Our Body Our Choice’ – Media Omits Them All
Logan Federico’s dad says criminals have become ‘more important’ than victims, pushes repeat offender registry
Pentagon confirms Fort Hood terrorist’s firing squad execution will be livestreamed: ‘Details will follow’
Dem who ripped rival’s donor-fueled ‘good life’ dropped campaign cash on Disney, spouse travel
NFL Legend Tony Dungy Says His Christian Faith Played a Role in His Firing from NBC: ‘They Knew Who I Was’
Roseanne Barr Roars Back from Cancellation by Secretly Filming Star-Studded Sitcom
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.
