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.”
Breaking: Kristi Noem Out as Trump’s Special Envoy for the Shield of the Americas
FBI returns ‘Most Wanted’ fraudster to US after India arrest in alleged $600K SNAP food stamp fraud scheme
Trans neo-Nazi accused of plotting Hindu temple massacre, will receive hormone treatment in jail: officials
Washington Post Now Luring Women to OnlyFans, Suggesting Pay up to 1,600x Higher Than What Most Women Make
‘Oh, shut up!’: Democrat snaps at Collins after heckler drives Maine Senate debate off the rails
Kelly Clarkson Gets Worst Backup Possible as Loathed Star Kathy Griffin Comes to Her Defense in Insane Feud with Small Shop Owner
‘Suspicious Mailings’ Containing ‘Unknown Substance’ Sent to Offices of Marco Rubio and Other Politicians: FBI
Can cooking for terrorists bar asylum? Supreme Court takes up unusual case with broader immigration stakes
Breaking: 3 Children, 1 Adult Killed in Elementary School Shooting
Marjorie Taylor Greene Lashes Out at Trump, Defends Ilhan Omar, Whom She Tried to Censure
Alleged leftist militants charged with gun crime just before Trump stopped enforcement
Michigan GOP gubernatorial candidate John James skips Vance rally, citing debate prep
Hollywood Mega Producer Admits to Joe Rogan That Once Societies Abandon God, They Turn To Tyranny
Active shooter report at Oregon elementary school draws large police response
‘One of a Kind’ Pastor Serving in Trump Administration Dies at Age 47
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.
