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.”
Gavin Newsom’s Former Chief of Staff Pleads Guilty to 3 Federal Charges, Faces 38 Years in Prison
McMaster revives Trump-backed push to oust Biden kingmaker from Congress
Fox News Crew Snared by China’s Massive Surveillance System While Covering Trump Visit: ‘They See Everything’
Man shot at In-N-Out drive-thru drove family to safety with bullet lodged in head
Highest-ranking Tren de Aragua member ever extradited to US set to appear in Houston courtroom: DOJ
China cozies up as Trump touts delegation of richest business heavyweights at Xi summit
Cuba says CIA chief Ratcliffe met with officials in Havana amid US tensions
Video: ‘CBS Evening News’ Broadcast Ends in Disarray as Crew Member Suffers ‘Medical Emergency’
Supreme Court keeps broader access to abortion pill mifepristone in place while legal fight continues
Britney Spears Reportedly Seen Barking and Screaming During Knife-Wielding Spectacle at Restaurant
Former Kansas mayor who pleaded guilty to illegal voting turns himself in to ICE
DHS rails against illegal aliens hit with capital murder charges for allegedly killing unborn baby: ‘monsters’
Watch: Obama Left Embarrassed as Video Shows Pitiful Welcome He Got in China vs Majestic Welcome Trump Just Got
Bill Cassidy bets on anti-abortion policy to save reelection bid
Insanity: Ex-BLMer and Special Ed Teacher on Leave Over Abuse Allegations Just Elected President of Teachers Union
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.
