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.”
Trump admin invokes 30-year dormant terror court as it seeks to deport Afghan woman tied to Election Day plot
Army conducts first overseas test of ‘Hammer of the Gods’ weapon-disrupting system
Grandmother’s missed pickup leads to grim discovery in church parking lot
Clinton, Obama-era Democratic heavyweights Penn and Emanuel rip NYC’s Mamdani over taxes, Israel, blast DSA
Revealed: The DNC Lost Almost $30k to Email Scammer – No Word Yet if the Employee Was DEI or the Scammer Was a Deposed Nigerian Prince
Breaking: US Launches Airstrikes in Iran, Saudi Arabia Joins in as Iran Is Pushed to ‘Tipping Point’
DOJ suffers setback in New Jersey voter roll lawsuit despite illegal registrants scandal
Watch: Sen. Josh Hawley Illustrates the Absurdity of Fauci’s Hearing Stunt with 3 Questions
Trump AG pick Blanche stalled as key Republicans refuse to budge
Trump Going to SCOTUS to Have Punitive $83 Million E. Jean Carroll Decision Reversed
Perverse History Surfaces in Murder-Suicide Deaths of Seemingly Storybook Family of 8 Who Burned in Own Home
Ted Cruz demands Fauci face jail time, labels him America’s ‘most damaging bureaucrat’
Watch: Bodycam Footage of Tony Romo’s Arrest and Sobriety Test Raises Questions
El-Sayed in the hot seat for another foreign rental property, nearly $300K in additional income
Trump taps veterans to fix illegal alien trucking problem plaguing US roadways
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.
