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.”
Mamdani breaks with Adams, vows NYC will stop clearing homeless encampments in January
Arkansas county jail becomes major ICE pipeline as arrests surge under Trump crackdown
Mamdani says NYPD commissioner apologized after her brother called him ‘enemy’ of the Jewish people at gala
Harvard professor detained by ICE after Boston synagogue shooting, agrees to voluntarily leave US
Democrats’ anger at federal government hit record high just days before shutdown: Pew poll
DHS arrests dozens of illegal immigrants within 24 hours of launching New Orleans operation
Breaking: DC Pipe Bomb Suspect’s Family Has History of Working to Free Illegals from ICE, Sued the Trump Admin, And Used Trayvon Martin’s Lawyer to Fight So-Called Racism
Washington DC lights the National Christmas Tree
Ex–New York State official accused of spying for China called Hochul ‘more obedient’ than Cuomo, trial reveals
US carries out 22nd strike on alleged drug vessel operated by a Designated Terrorist Organization
‘I Didn’t Stutter’: Stephen A. Smith and Sunny Hostin Clash on ‘The View’ Over Video Urging Troops to Ignore Trump
Absolute Tragedy: U.S. Marine Dies After Horrific Camp Pendleton Accident
Suspected thieves caught on camera smashing Washington state storefront with truck in ATM heist attempt
Blue State’s Dems Steamroll Redistricting Change That All But Erases Its GOP from Congress
Watch: Audience Gasps as Halle Berry Goes Scorched-Earth on Gavin Newsom During Speech
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.
