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.”
Cuba’s power grid collapses as US embargo pressures regime
Doxxed Holdout Clancy Juror Moved to Undisclosed Location for His Safety After ‘Black Republican’ Faces Backlash
Data Centers Are About to Burn More US Natural Gas Than Almost Every Country on Earth
Congressman Tom Barrett: ‘Being a socialist should disqualify him for people’s consideration in my district’
Philly serial killer probe could expose larger network behind apparent ‘snuff’ films, expert says
Lawyer says 250-foot Trump arch disrupts historic sightlines cherished by veterans seeking burial at Arlington
Missouri woman federally indicted over chilling death threats sent to Austin Metcalf’s family
Blue States with Powerful Teachers’ Unions Have Far Worse Reading Scores for Students Than Red States with Weak Unions
Republicans fear they have little to offer voters as Congress leaves town
China Throws Its Weight Around in America’s Backyard Over Taiwan Backing
Who is Bert Mizusawa The retired Major General challenging Sen. Mark Warner
A swath of past anti-Trump characters have lost Democratic primary bids
Who is Dario Amodei, the Anthropic CEO pushing independent AI oversight?
Dem’s data center attack in critical Senate race hits snag when money trail surfaces: ‘Jekyll-and-Hyde’
Kirk family has powerful evidence — but Utah law could derail wrongful death case: experts
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.
