Stephen Moore: ‘Let’s get the money out to the people as soon as possible’

(KFTK) – Chief economist at Heritage Steve Moore said he hates bailouts, but we are in an incredible crisis right now and he thinks it makes sense to provide loans.

“I think it does make sense to provide Federal guarantees on loans, not grants,” Moore said.

We can’t keep the American economy shut down, he said on the idea of shutting down the US economy for 10 week or more.

“We have to get the American economy running again,” he said.

Are there any good options of what to do right now? Moore said there isn’t. An economy can’t function if no one is producing anything.

 

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