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 pauses visa appointments worldwide amid heightened screening for applicants
Prosecutor in infamous killer mom case says women on Lindsay Clancy jury may bring ‘strange twist’ to verdict
NYC manhunt underway for suspect accused of deadly shootings across 2 boroughs days apart
Trump-endorsed candidate clears key hurdle in red state gubernatorial race
Dolly Parton refused to pick political sides for decades: ‘I’m not in politics, I’m an entertainer’
Surrogate, California couple clash in court as newborn fights for life after heart surgery
Hochul remains defiant after sheriffs sue over law banning cooperation with ICE: ‘Bring it on’
Attempted drone incursion at Virginia prison leads to $324K contraband haul with meth, 17 cellphones
Progressives rage after Democrats tap pro-Israel Moskowitz for key Middle East post
Deportees Sent to Tiny African Nation After Refusing to Get Off Plane
Trump endorsement boosts sister of late Lindsey Graham to historic runoff victory
Democratic newcomer scores runoff upset in Oklahoma, vows to impeach Trump if elected
Reporter Loses Credential After Bizarre Courtroom Behavior During Lindsay Clancy Trial
US Tells Ukraine to Hold Its Fire as CIA Director Makes Secret Trip to Moscow
Target Apologizes, Pulls Halloween Costume After Blackface Complaints – Do You Think It’s Offensive?
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.
