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.”
Washington Monument to become ‘birthday candle’ as US marks start of 250th year
House Oversight Committee Announces Minnesota Fraud Hearing, Calls on Tim Walz to Explain Himself
Dem governor-elect taps Crockett’s former ‘chief brand strategist’ for top DEI role
GOP Rep. Tom Emmer Calls for Somali Deportations – in 2015, He Dismissed His Voters’ Concerns About Them
Jack Smith withheld names from judges who greenlit GOP lawmakers’ phone records access
Trump tells Colorado governor and district attorney to ‘rot in Hell’ over Tina Peters incarceration
Germany’s Merz says Europe must ‘defend and assert’ interests amid ‘changing’ relations with US
Somali daycare in Minnesota broken into, key documents stolen in overnight burglary
Blue cities U-turn on distributing drug supplies to addicts after progressive policies fail to stem epidemic
President Trump Has a Backup Plan if the Supreme Court Strikes Down His Tariffs
Treasury targets oil traders, tankers accused of helping Maduro evade U.S. sanctions
Ex-police officer given prison time in case prosecuted under Soros DA sees conviction overturned a year later
Trump Presides Over the Largest One-Year Drop in Homicides Ever Recorded
CNN Finally Shows Up at Minneapolis Day Care, But for All the Wrong Reasons
Why the Times Square Ball Will Drop Twice This Year for the First Time Ever
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.
