×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: stephen moore | shutdowns | economy | reopening america again

Stephen Moore to Newsmax TV: Shutdowns Lasted 'Way Too Long'

(Newsmax TV's "The Chris Salcedo Show")

By    |   Monday, 04 May 2020 06:37 PM EDT

America's coronavirus shutdowns lasted "way too long" and business probably should have started a couple of weeks ago, and as a result, "it's going to be a really hard summer," economist Steven Moore told Newsmax TV on Monday. 

"The good news is that we're starting to see 20 states that are opening up their states in a very smart way," Moore, who appeared with Club for Growth President David McIntosh on "The Chris Salcedo Show," commented. "Obviously, saving lives and keeping people healthy is the most important thing, but we can do this in a way that actually gets businesses up and running."

Moore said he does believe there will be a "light at the end of the tunnel," at the end of the summer, but until then, times will be tough. 

"You see the food trucks with people who have never had to depend on government assistance," Moore added. "I think Americans mistakenly believe that somehow, two or three weeks from now they can come out and everything will as it was. 

"I do think those states that open up quickest, those tend to be the southern states like Georgia, Florida, Texas, and Tennessee, and some of those midwestern states, like Iowa and Nebraska, those states, I think are going to see a faster recovery," Moore said.

States that stay closed longer, like California, New York, New Jersey, or Illinois, that refuse to open, will see their businesses be "really hurt," he added. 

McIntosh said his organization, of which Moore is a founding member, is proposing the government take some action to make sure businesses can get going, including cutting red tape and waiving regulations they do not need. He also said businesses should be protected from lawsuits from people seeking damages related to the coronavirus. 

Meanwhile, Moore said he does agree the shutdowns made the "cure worse than the disease" when it came to the shutdowns that took place.

"I mean, we're not going to know the exact answer to that, but when you look at 30 million people unemployed, it's going to be hard to get those people back to work," said Moore, noting he is on the board of a company who had to declare bankruptcy.

Important: See Newsmax TV now carried in 70 million cable homes, on DirecTV Ch. 349, Dish Network Ch. 216, Xfinity Ch. 1115, Spectrum, U-verse Ch. 1220, FiOS Ch. 615, Optimum Ch. 102, Cox cable, Suddenlink Ch. 102, or Find More Cable Systems – Click Here.

Sandy Fitzgerald | [email protected]

Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics. 

© 2023 Newsmax. All rights reserved.


Newsmax-Tv
Economist Steven Moore told Newsmax TV on Monday that America's coronavirus shutdowns lasted "way too long" and business probably should have started a couple of weeks ago, and as a result, "it's going to be a really hard summer."
stephen moore, shutdowns, economy, reopening america again
419
2020-37-04
Monday, 04 May 2020 06:37 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved