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.”
Cuban ex-President Raul Castro indicted on charges including murder, conspiracy to kill US nationals
Trump-backed housing bill clears House after GOP defies Senate pressure campaign
Makeup Mogul Walks Away from Hollywood, Donates Fortune to Become Catholic Priest: ‘Never Been Happier’
‘Trying to Break Me… Because I am a Christian’: Ex-Lawmaker Targeted for 10 Commandments Capitol Monument
Georgetown Cupcake keg tosser suspected in second brazen M Street attack caught on video
Fmr Dem Rep Barney Frank, sharp-tongued liberal trailblazer, Dodd-Frank co-author dies
The red states charging ahead with America’s wealth as rivals watch billions slip away
Media Melts Down Over More White Afrikaners Coming to America as Refugees and We All Know Why
Leftists Are Spiraling After Thomas Massie’s Loss and Conservatives Should Take That as a Good Sign
Kentucky voters deliver verdict on Thomas Massie and more top headlines
Leftists Beg College Athletes to Ditch SEC Schools in States with Redistricting
Costco Recalls Popular Item After Person Suffers Second-Degree Burns
MTG says GOP’s future ‘destroyed’ after Trump-backed primary challenger defeats Thomas Massie in primary
Trump admin accuses Hamas of backing Gaza flotilla, sanctions activist and Muslim Brotherhood networks
Trump roils Senate GOP amid struggles with immigration 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.
