mary katherine from the federalist joins our conversation.hat the presidents barely if ever, if they were unhappy with the fed, you hear it from time to time, but not the fed is crazy and out of control. that's trumpian. >> it used to be a lot of things. it is the very definition of trumpian and it is an independent organization. he picked the guy. he can add to that, that the reason rates are rising is because the economy is strong. they were low and now we are trying to curb the idea that things might get bubbley and out of control. that's what's going on here. he can take credit and acknowledge the correction at the same time. >> this congress and this white house raised the deficit substantially with a tax cut package and increasing domestic spending. you know who predicted that higher deficits would lead to that? mick mulvaney. this is not a surprise. tech stocks have been strong, but they are declining a bit. there are concerns about the tariffs. nobody knows if this is the start of a trend. nobody is predicting that with any confidence

. >> jimmy: this is a picture of you in eighth grade as mary katherine gallagher. >> yes. >> jimmy: mary, you did all of the "snl" bits. you just love -- >> it was like my -- yeah, i've -- i think if you talk to anyone i went to high school with, they were like, "yep, that's abbi's thing." >> jimmy: really? >> yeah, this is halloween. i often did it for halloween. not just any old day of the week. [ laughter ] but good timing. but, yeah, i wrote a letter to lorne. it was -- i read about it in the book. it was kind of like threatening. it was like, "you better watch out cause i'm going to b the ow" >> jimmy: but it was a little kid writing it. >> i was like, yeah, i was probably 11. >> jimmy: yeah, but that's not threatening, "you better watch out, here i come." >> yeah. >> jimmy: it's like, yeah. >> it was. it was. but like who knows. >> jimmy: it wasn't creepy like redrum. [ laughter ] "you better watch out." >> i don't know if i said how old i was, but i made a bet with my brother that by the time i turned 20, i would be in the cast, and i'd own him $100. >> jimmy: yeah, so did he pay

mary katherine hamm with the federalist. anyone blaming the president?president wants to snake about him. amen for what he first said yesterday. let's take a breath and everybody tone it down. let the investigators do their nob. we can all be better. it's our fault. why? >> for this president, everything comes back to him and how he thinks he is being perceive and attacked or if he feels like he is under siege. as always with him, the media is the culprit. the media is responsible for him being treated poorly in the public sphere. this is no different. i think what jeff reported there a few minutes ago is the same way he reacted to a lot of these kinds of crisis in his presidency. he was back to charlottesville, his response was that you are trying to blame me for this and i'm not responsible. what people are asking him to do is to step back from himself and to set a tone. sometimes by setting a tone, you have to be self-reflective to do that. this president has never been willing to be self-reflective and reluctant to set a tone when the country needs h

but the tip-off of the effect, to mary katherine's point, look where he's going.orange california? he won't be in the suburbs. >> tomorrow. >> he will be further off in more rural parts and that gives you a tip-off to where we're headed. the republican base has not collapsed. they're very strong. all the groups that flock to trump. but they are suffering unprecedented erosion among white collar suburban whites, especially women. and that is likely what you'll see in this election. it's not a wave. it will be more like a river. all these metro areas and inner suburban republicans, orange county republicans or in philadelphia. you'll see them losing but democrats will have a hard time extending beyond that and you'll have a divide between metro and rural. >> you don't think it will be an overwhelming shellac being that happened in 2010 with the republicans? >> i think there are enoughinte. the list of suburban seats at risk is growing where the blue collar, rural opportunities we saw earlier were shutting down. so the total number may get -- you have to say they're

michael steele's dog, mag knollia he and mary katherine. there's magnolia. watching tonight.d her dog, roxy. we're going to talk about what we're watching in the week ahead. lonnie cheng what are you watching for? >> the u.s. economy, given the turmoil we saw in the stock market, we're going 0 get more economic news and see how things are doing vis-a-vis china and the trade situation, i'm interested to see whether last week was just a blip or are we headed for some kind of market downturn which could affect the mid-term elections. >> lisa? >> i'm keeping a close eye on florida. a gubernatorial race there and a senate race both of which are extremely crows and a destructive hurricane that just came through. in florida, hurricane politics are everything. particularly this close to be a election. i'm going to be seeing what the fallout is politically. >>> great point. the president is going down there we'll see if he sticks to hurricane or politics. i think the big thing is ka showingi and whether the white house changes its response and gets tougher on saudi arabia. you're hear