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.”
Chinese national in blue state charged with illegally voting in federal election under another man’s name: DOJ
WNBA Subreddit Bans Fans from Even Mentioning Sophie Cunningham After Her Defense of Women’s Sports
Man Once Given ‘Outstanding Refugee’ Award by Minnesota Charged in Massive Medicaid Fraud Scheme
Trump threatens ‘unprecedented’ economic consequences for any nation aiding Iran
El-Sayed reveals he would go ‘step further’ than Sanders on socialist plan for major US industry
Pollster Who Had Thanksgiving-Hating Socialist Up 23 Points Closes Up Shop, Admits to Bungling Wisconsin Race
Colorado black bear dies after becoming trapped inside unlocked car for days: report
The False Moderates, Part 3: Dems Want to Turn Iowa into Illinois, And They’ve Found the Perfect Candidate
Manhunt intensifies for armed woman after veteran Massachusetts police officer found dead at home
Darline Graham Nordone debate fumble spotlights questions on policy views
Trump’s approval rating plummets to new low ahead of critical midterms: ‘More work to do’
Clarence Thomas chokes up as he reveals promise he made after grandparents’ sudden deaths
Ex-counterterrorism chief advocates for Trump to ‘walk away from’ Iran war, yank troops out of Middle East
Trump says he will meet with Kim Jong Un ‘later this year’
US ally on Putin’s doorstep braces for war as Russia tensions take ominous turn
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.
