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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.

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“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!”

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.

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“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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Congress still has one big tool left to rein in Trump’s corruption: Oversight Committee Democrat

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Senate Republicans may have managed to quash the impeachment trial without calling forth any new witnesses or seriously considering the evidence against President Donald Trump. And the president may feel vindicated and largely invulnerable as a result.

But, Rep. Raja Krishnamoorthi (D-IL) told CNN's Anderson Cooper on Monday, that doesn't mean Democrats don't have one last big play to rein in the president's abuses of power. They can use the first and strongest authority delegated to them: the power of the purse.

"What can Democrats really do when it comes to oversight of the president?" asked Cooper. "I mean, now that impeachment is over, does seem like there are fewer and fewer guardrails, if any."

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The depths of Trump’s paranoia: One person who may know him the best explains what’s ahead

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President Donald Trump's biographer, Michael d'Antonio, knows a great deal about his life, his behavior, and his long history of paranoia. A piece in The New York Times Monday summed up the president's state of mind during the impeachment with one word: "paranoid."

Speaking to the long history of paranoia, d'Antonio recalled that in Trump's book The Art of the Comeback, he wrote ten tips for an effective comeback. No. 3, he said, was "be paranoid."

"He thinks that paranoia is an effective strategy when it comes to managing people and when it comes to doing business," said the biographer. "And I think all of the attitudes that we see him bring into the presidency are things that evidence themselves early in his life. So, he's never trusted people very readily and is very quick to identify someone as an enemy. And then try to root out those who aren't loyal enough. So paranoia is something that's always been a trait for the president, and he considers it a useful, even constructive thing."

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Trump lawyer goes down in flames trying to explain away Bill Barr’s corruption

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On Monday's edition of CNN's "Anderson Cooper 360," former federal prosecutor Elie Honig took former Trump White House lawyer Jim Schultz to the cleaners when he tried to defend Attorney General William Barr's conduct.

Schultz initially tried to claim that the 2,000 federal prosecutors calling for Barr's resignation had a political axe to grind. "You have a lot of folks that have a partisan agenda pushing this thing out, before the facts have really, have really been discovered, as it relates to what happened," said Schultz. "And Barr is vehement about stating that, you know, that decision was made long before any of the tweets, long before — and before the president made my statements on this matter ... he has to have the trust in the folks that are working below him."

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