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.”
Fox News Poll: Maine Senate race is tight, with concerns about both candidates
House backs Massie’s push to release taxpayer-funded sexual harassment settlement records
California couple says moving company doubled their price and is now holding belongings ‘for ransom’: report
USPS worker arrested after alleged mass shooting threat against Texas Pride event, FBI says
Beloved Star, Outspoken Christian Kelsey Grammer Mulling Run for Office
JD Vance Explains How Leftist Motto Is ‘a Disgusting Butchering of the Nicene Creed’
Five countries in Latin America have elected pro-Trump governments since his election
Bar complaint accuses Biden-appointed district judge of dishonesty during DOJ tenure
Lawmakers press Eli Lilly for China drug trials tied to military-linked hospitals
Dems join Republicans to crush Tlaib’s war powers resolution in lopsided House vote
Trump Floats Plan to ‘Reverse Birthright Citizenship’ in Spite of the Supreme Court
MKUltra hearing turns into intense grilling of NIH researcher about the origins of COVID-19
NPR Retracts Bombshell Story About Supreme Court Justice Retiring
Shock poll: Talarico ties Paxton in Texas Senate race, threatening GOP stronghold
GOP infighting over Trump’s voter ID bill erupts as top senator calls strategy ‘fantasy’
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.
