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.”
Explosive House report exposes failures it says allowed Epstein’s abuse to continue for years
GOP lawmaker ousts fellow Republican in gerrymandered California district
When the Pharmacies Are Empty and the Clinic Is Closed, Here’s the Kit Americans Keep Ready
Texas’ Democrat governor-elect has vowed to impose ‘emergency’ day-one policy and more top headlines
‘SNL’ writer’s sister vanished — now her boyfriend and rival face charges in deadly love triangle
Trump defends Pentagon chief as Massie targets him: ‘Hegseth should be praised, not impeached’
Reporter’s Notebook: House leadership up for grabs as GOP reckons with devastating losses
Thune forges ahead with leadership elections despite calls for post-midterm reckoning
Somali daycare CEO tied to fraud scandal wins Minnesota House seat
Trump calls on Senate to confirm remaining 25 judges amid Arkansas senator friction
Trump says deportation push hasn’t put ‘same pressure’ on farm workers, hotel staff: ‘Not even close’
Red counties with data center projects swung away from GOP in midterms, analysis finds
Trump DOJ shores up anti-abortion groups’ support amid bid to salvage $1.8 billion Planned Parenthood lawsuit
Official Who Waged War on DEI Out at DOJ
NTSB recovers cockpit voice recorder from Learjet crash site in Florida
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.
