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.”
Heroic 16-year-old lifeguard rescues child from monster surf in heart-stopping video
California family members claim they were attacked at luxury Maui resort during violent melee
Leaked Document Reveals How Senate Republicans Plan to Walk Tightrope on SAVE America Act
Biden ghostwriter tapes released after former president forfeits legal battle
Biden’s classified docs narrative crumbles amid release of ghostwriter tapes: ‘Be careful’
Trump Calls on John Thune to Hold Senators in D.C. Until They Terminate the Filibuster
Senate advances nomination of Jay Clayton to lead intel community
Georgia teenager pleads guilty to charging Capitol grounds with shotgun
Netflix Executive Takes Legal Action After Being Fired for Workplace Retreat Confession
Senate clears way for Trump’s top spy as key anti-terror program remains in limbo
Summer School: Republicans’ crusade to teach voters the ‘New Math’ on the ‘commie caucus’
Fox News Poll: Cool your servers! Voters reject data centers
In Just One Diocese, 7 Catholic Churches Are Canceling Sunday Mass Entirely as Minnesota’s Self-Destruction Continues
Op-Ed: Sparing Our Children from a Nuclear Iran
Luigi Mangione plea talks raise showdown over Brian Thompson murder trial
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.
