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.”
STATE OF PLAY: Highly watched Hong race remains too close to call as progressives notch key primary wins
Ilhan Omar on track for fifth term as Minnesota voters maintain far-left streak
Trump-backed Mike Lindell falls to Lisa Demuth in Minnesota governor primary
4-year-old dies after suffering electrical shock from clothes dryer inside Kansas home
Trump’s ‘firewall’ against socialism in battleground state punches ticket to election
Pure Evil: 3 Charged in Water, Burning Torture and Murder of Boy, 7 – Multiple Suspects Are Trans
Watch: Rules Confusion Leads to 16-Minute Delay in MLB Game as Red Sox Accidentally Score a Run
Fauci’s Pardon Neutralized? Florida Issues Subpoena, Begins Investigation Into Self-Dealing, Which Fauci’s Pardon Does Not Cover
Watch: Virginia Gov. Abigail Spanberger Drowned Out by Boos and Jeers When She Tries to Speak at Rural Event
Trump looms over blue state primary as progressive gov faces far-left challenge
Darline Graham Nordone, Ralph Norman advance to runoff in Senate race to replace Lindsey Graham
Georgia teacher, father hailed as hero after dying to save girl from Myrtle Beach rip current
Watch: Trump’s NIH Director Jay Bhattacharya Unloads on Fauci Over Texts Showing He Thought One Thing, But Said Another to American Mothers
Zuckerberg Superyacht Accused of Ignoring Vessel’s Call for Help – Alaskan Cruise Captain Comes to the Rescue
Trump directs CMS Administrator Mehmet Oz to end Medicaid gender transition funding for minors
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.
