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.”
Bombshell Video – Trump Retreats on Deportations: ICE Operations ‘Too Tough,’ Deporting Millions ‘Pretty Far Right’
Bombshell Video – Trump Retreats on Deportations: ICE Operations ‘Too Tough,’ Deporting Millions ‘Pretty Far Right’
Nvidia is ALL-IN on ‘Accelerated AI’
Nvidia is ALL-IN on ‘Accelerated AI’
Rubio defends Trump’s Iran war as not ‘necessarily popular, but necessary’
Rubio defends Trump’s Iran war as not ‘necessarily popular, but necessary’
The next generation of workers is taking its talent and spending power to this Southern state
The next generation of workers is taking its talent and spending power to this Southern state
EXCLUSIVE: Trump’s FAA touts new AI-powered tool helping thousands of passengers avoid flight delays
Congress returns to brutal lame-duck stretch with shutdown deadline, leadership races: ‘Closet is full of s—’
Gaza protests continue same revolutionary ‘omni-cause’ given life by Black Lives Matter
Bernie Sanders warns Democrats not to spend all their time investigating Trump
Two Washington deputies killed trying to rescue possible hostages after woman shot
Dallas public defender’s chief investigator charged with wife’s murder after bloody apartment discovery
Tensions flare as demonstrators target Jewish restaurants, drawing massive counterprotest
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.
