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Trump-loving economist caught red-handed ‘making up numbers’ by CNN guest

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Washington Post columnist Catherine Rampell busted Trump-loving economist Stephen Moore on Friday when he falsely claimed that we are seeing vast “deflation” in the United States economy thanks to interest rate hikes by the Federal Reserve.

During a CNN appearance, Moore tried to maintain that the economy was as strong as ever, but he also blamed the Fed for tanking the stock market by raising interest rates over the past several months.

“Both of the rate hikes were unnecessary and were a cause for deflation in the economy,” he said.

“Wait, wait, wait!” interjected Rampell. “There is no deflation!”

“Yeah there is,” Moore replied.

“No there is not,” she shot back. “Look at the Consumer Price Index!”

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Moore tried to counter by noting that some prices on the Commodities Price Index had dropped — but Rampell hit back by saying that much of that was due to President Donald Trump’s trade wars.

“Soy bean prices are falling because of the trade war,” she said.

Rampell then nailed Moore for his false warnings during the Obama presidency that it was unwise for the Fed to keep interest rates low because it would lead to hyperinflation — despite the fact that the economy at the time was deeply depressed and much more in need of easy money.

“I’m old enough to remember when, ten years ago, during an actual deflation, you went on TV on a rival network and said we were about to have hyperinflation and told the Fed that it was irresponsible then to keep rates low,” she said. “It’s totally inconsistent and it’s totally irresponsible to make up numbers.”

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“I’m not making up numbers,” Moore replied defensively.

Watch the video below.

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Reparations hearing erupts in applause after Ta-Nehisi Coates gives McConnell an epic lesson on racism

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Author Ta-Nehisi Coates on Wednesday delivered an epic smack down of Senate Majority Leader Mitch McConnell (R-KY) during a House Judiciary Committee hearing on reparations for slavery.

In Coates's opening remarks, he responded directly to McConnell's claim that the government should not pay out reparations to black Americans because slavery ended more than 150 years ago.

Coates pointed out that the United States was still paying out pensions to the families of Civil War soldiers "well into this century" and he said that the government still honors treaties it signed even though no one who signed them is still alive today.

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CNN

Trump campaign official squirms when CNN host shows him polls of the president losing to literally everyone

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CNN's Poppy Harlow on Wednesday cornered Trump campaign official Marc Lotter by showing him polls that show President Donald Trump losing to every major Democratic presidential candidate.

During an interview about Trump's 2020 campaign kickoff rally on Tuesday, Harlow asked Lotter why the president's poll numbers were so poor even though the economy is still performing well by many measures.

"A Quinnipiac poll came out yesterday -- it showed a whole lot of Democratic presidential candidates beating the president in head-to-head matchups, from Elizabeth Warren to Beto O'Rourke, to Joe Biden to South Bend, Indiana mayor Pete Buttigieg," she said. "Are you concerned about that?"

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CNN

Angela Rye pounds CNN’s Steve Cortes for suggesting Ocasio-Cortez should resign

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CNN turned into a shouting match on Tuesday after a Trump supporter attempted to defend the president's concentration camps along the southern border.

Conservatives panicked on Tuesday after Rep. Alexandria Ocasio-Cortez (D-NY) referred to Trump's tent city detention centers as concentration camps.

Republican Steve Cortes argued against Ocasio-Cortez was wrong to correctly use the term concentration camps.

"AOC should apologize at least and probably resign," Cortes argued.

Progressive analyst Angela Rye shut down Cortes, explaining to viewers that Ocasio-Cortez was correctly using the term.

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