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.”
Report: Foreign National Accused of Running Over Teen and Leaving Him to Die Was Given Visa by Biden Admin
Abortion, ICE and socialism spark fireworks in swing state governor debate: 5 top moments
Kansas Senate rivals distance themselves from party leaders in fiery debate
Omar Wouldn’t Say For Sure Her Ex-Husband Wasn’t Her Brother: ‘Not to My Knowledge’
Omar Wouldn’t Say For Sure Her Ex-Husband Wasn’t Her Brother: ‘Not to My Knowledge’
Mass firings vow sparks clash with Klobuchar over Walz fraud legacy
Trump dominates El-Sayed’s attacks against Rogers, but GOP rival offers unexpected policy split
Trump warns Democrats ‘want to burn it all down’ in South Carolina pitch
Abdul el Sayed, Mike Rogers clash over MAGA, Muslim Brotherhood in final Michigan Senate debate
ICE crackdown divides swing state candidates as GOP nominee vows to mandate sheriff cooperation
Florida attorney accused of threatening to shoot ICE agents while trying to buy gun
Did Vivek Ramaswamy Go Too Far? Some Republicans Object as He Doubles Down on Controversial Attack Ad
Is ‘Ilhan Omar’ a Fake Name? New Court Filing Identifying Omar’s Alias Has Americans Questioning Her Real Name
El-Sayed erupts at GOP rival over Muslim Brotherhood accusations in fiery Senate debate
California Driver Crashed While Watching X-Rated Content – Police Say She Killed a Retired Sunday School Teacher
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.
