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.”
James Carville, Dem With Deteriorating Mental State, Says CNN Should Have Aired Presidential Speech to Show Trump’s Deteriorating Mental State
‘Keep a low profile’: State Department warns Americans overseas they could be targeted
Authorities Identify Source of Nationwide Cyclospora Outbreak: Salad Distributer Used By Taco Bell
Johnson warns America is in ‘battle’ against Marxism, calls for renewed focus on nation’s founding principles
Extreme Climate Model Scenario Was Widely Used Despite Being Impossible
Controversial program paying drug users for used syringes becomes permanent in NYC
Education Department Moves To Crack Down On Schools, Teachers Unions Protecting Sexual Predators
Alabama man charged with killing military veteran, wife had posted about them online for a decade
Lindsay Clancy’s husband could testify for her at trial over deaths of their three children
ICE melting under Trump’s expectations, officers say
Olivia Rodrigo’s new album defies expectations, including her audience’s
Who is Nikki Floris? Ex-FBI official behind Trump’s ‘shadow government’ rhetoric during election address
WATCH: Josh Hawley issues blistering rebuke of McConnell over ‘obligation’ to country
Tulsi Gabbard’s brother charged after allegedly trying to lure children to Waikīkī hotel room: police
Andrew, Tristan Tate arrested in Miami as UK seeks extradition on expanded rape, trafficking charges
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.
