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.”
Middle school teacher arrested in alleged prostitution scheme at casino hotel
Stranded hikers cling to steep California mountain ridge as helicopter crew swoops in
Longtime Serbian leader Vucic’s defeat at the hands of student movement leaves Washington in awkward position
Watch: El-Sayed Staffer Lets His True Feelings About Americans and the Muslim Brotherhood Slip in Devastating Undercover Video
DHS suspends visa-free travel program for Chinese nationals amid birth tourism, security concerns
Germans Furious After Audi CEO Teams with Trump to Announce New Georgia Plant
The Hitchhiker’s Guide to why removing Ilhan Omar from Congress could be harder than Trump expects
Billionaire with Epstein ties emerges as top Dem donor bankrolling ads weaponizing disgraced financier’s files
Utterly Incompetent WNBA Faces Potential Championship Game Disaster – Was it Because DEI Staff Failed to Book Stadium?
Powerful: Video Shows Grieving Mom Offer Illegal Alien Trucker Forgiveness Over Son’s Death: ‘I Pray for You’
Trump’s Board of Peace Selects Former Biden Admin Official for Key Role
Have You Seen Him? Police Search for Murderer Who Escaped Tennessee Prison
Breaking: Comey Charged for Reportedly Leaking National Security Secrets in 2016
Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA
James Comey charged with leaking national defense information
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.
