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.”
Army cuts helicopters, pushes ‘Amazon for war’ as drone combat reshapes military
Massive SPLC-linked grant under fire as watchdog exposes ties to middle school programs
Fox News True Crime Newsletter: Alex Murdaugh’s new defense, Luigi Mangione’s decision, Tyler Robinson’s fight
Rep. Tom Kean Jr. says he expects to return to Congress ‘in the next couple of weeks’ after missing 100 votes
Teen suspect tied to 12 attacks in chaotic Austin shooting spree identified as illegal alien
More than 300 arrested in sprawling California crackdown on child exploitation crimes
Former US attorney charged with felony hit-and-run after Houston crash, police say
Plan for Trump’s ‘Triumphal Arch’ Clears Another Important Hurdle with DC Commission Approval
Texas congressional candidate claims she never called for ‘internment camps’ after party leaders condemn her
UK Cops Handcuffed Dying Stabbing Victim for Racially Insulting Sikh Who Allegedly Stabbed Him
Watch: ‘Survivor’ Host’s Awkward Blunder During Live Finale Spoils Results
Breaking: NASCAR Champion Kyle Busch Dead at Age 41
DHS touts millions of illegal immigrant departures as border crossings drop 94% under Trump
‘A Galactic Blunder’: Senate Goes on Recess Until June, Missing Trump’s Deadline for ICE Funding Bill
Democrats revolt over ‘biological’ wording in women’s history museum bill
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.
