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 Officials May Soon Unleash Blacklisted Tankers to Cut Record Shipping Costs
New Jersey City’s Firearm Permitting Process Is so ‘Egregious’ the Trump DOJ Is Now Launching an Investigation: Report
Driver released without charges after pickup kills boy, 6, and man on Kansas soccer field
What to know about the Alberta referendum on leaving Canada
Photos show aftermath of riots as masked groups clash with police across France
Pro-Israel leader warns Democrats failing to condemn ‘vicious Jew haters’ in Congress
Slotkin wants GOP prosecutions to deter young people from Trump administration jobs
Trump says Netanyahu needs to be re-elected, or else US will have to ‘finish the job’ against Iran alone
Brother of possible OJ Simpson accomplice claims he returned with bloody hands on night of murders: report
Obama backs Ilhan Omar amid probe, accuses Trump admin of ‘appalling’ targeting in lengthy statement
Breaking: Airman Dies in Front of Tens of Thousands in Tragic Navy-UTSA Football Game Accident After Falling from Rafters
James Talarico’s adoptive father linked to X account mocking Christianity and women
Fauci Diary Entry Complains Trump Pushed Lab-Leak Theory ‘With No Evidence’
Cyberattack Turns Hundreds of Grocery Coolers Into Saunas – Dozens of US Military Stores Faced Similar, Unexplained Attack
Saudi National Caught by FBI Hiding Bug in Toilet Paper to Steal AI Secrets: Report
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.
