All time. They didnt correct her once, and they corrected me on everything practically, Nine Times. The audience absolutely went crazy. And the real i thought it was i walked off and said, that was a great debate. I loved it. Well, i mean, yeah. You know, the stage hands were going crazy. Did he know there was there was a Hound Dog howling up in the balcony of abc. You know, Peter Jennings brought it originally. Willie, the crowd went crazy. What debate is he talking about . Is he confusing the debate with the Taylor Swift concert . Our crowd in the studio, joe, every time i provide a piece of analysis or as you did there, they go bananas, leaps to its feet. Yeah, baby, Come On. Sometimes they go into The Wave when theyre in here. Oh. Its fun to watch. Not the weave, The Wave. It energizes you. I mean, theres so much there. They say, who is they saying he is the g. O. A. T. . Calling himself the g. O. A. T. talking about the rousing ovations he got in a completely empty constitution center. Except for him, Kamala Harris, and the two moderators at the debate, which, obviously, as has been the case with both debates so far, had no audience in the room whatsoever. Not at all. Yes. Crowd went crazy, though. Biggest Crowd Youve seen at a debate. Yeah. The Tshirt Gun out, joe, shooting them to the fans. It was amazing. It was unbelievable. Playing Guns N roses. Crowd surfing. Maga crowd, it was wild. Wow. Thats something. Whew, and he remembers that. Yeah. He also says hes going to visit springfield, ohio, despite objections from the citys republican mayor. It comes as theres new reporting on how the Trump Campaign knew the stories about haitian migrants in springfield were not true but spread the lies anyway. How sick. Also ahead, the Federal Reserve makes an aggressive move on Interest Rates, with the first cut in four years. Morning joe economic analyst Steve Rattner is here to break down what that move could mean for the future of the economy. Well, ill tell you what it means for willie and me, our off Track Dog Race business. I think we finally get the cash, willie. Were going to open it up. Yeah. Now that weve also opened up the Crypto Lane on the dog racing, i think were going to have a big year. A big year. Right. Okay. Everything is Coming Up roses. Let me tell you something. Its not even friday. You hear the Crowd Cheering in the studio . Theyre going wild. Willie, they want this to happen ring the bell. The dancers just did a routine. Does that feel good, keep you distracted . Let me tell you, while were talking about new York Sports, mika, and i thank you for your patience. Uhoh. The new York Yankees in the playoffs. I have to say, the other big story in New York right now, those mets. The mets. You have to believe, willie. You have to believe the mets now two games up in the wild Card Race over the braves. And they again, like we said earlier this week, theyre giving back to the braves what the braves have done to them the last two or three years. Just a torrid second half of the season. Ive got to say, with as badly as the mets started the season, i dont think any of us, willie, would have thought going into the second half of september that this New York mets team would have the run that they have had down the stretch. Yeah, they have been playing great lately. They beat the nationals again. They have a crazy stretch Coming Up. A bunch of games with the phillies, the best team arguably in baseball. They actually play next week, a Threegame Series with the braves in atlanta, which likely will decide the whole thing. Yeah, the mets playing great. Yankees clinched at least the Wild Card out in seattle Last Night. For now anyway, baseball is good in New York. Okay. Were also going to have the latest in the case against p. Diddy, which seems to get worse as more and more information comes out. Also, former Secretary Of State, former president ial candidate, democratic nominee Hillary Clinton will be on the Show Today about her new book. We look forward to that, as well. Okay. Along with joe, willie, and me, we have the host of were going to ask her about dont interrupt me. If she was distracted by the applause in the debates with Donald Trump. The crowds were huge then. The host of Way Too Early, white House Beef R Bureau Chief politico, Jonathan Lemire is with us. He doesnt remember from week to week. Whats with that . That happened a couple times. He confused the Air Force Base for one in alaska. Whats going on there . First, you showed Sam Stein in the split screen. He cheered for me when i came up on set this morning. Yeah. Thank you, sam. Thats sweet. Very appreciative. Boys. Thank you, sam. Yeah. This is happening more and more for Donald Trump. Lets remember, he is 78 years old. With so much attention on Bidens Age when he was still in the race, it was overlooked that trump is just a couple years younger and just as prone, maybe more so, to these verbal slips and confusion. Its harder to pick it up from trump sometimes because hes so loud and has been doing this for years, so we may be numb to it. There is a new focus here about his mental Capability And Fitness for office. Certainly one that democrats are pointing to. These mistakes, the mixups are seemingly only increasing by the day. The crowd and, again, just to underline, he said the crowd went no crowd. Crazy. At this debate. The crowd went crazy. Dead quiet. No crowd. Two hosts sitting there. I dont know. Bagram Air Force Base, maybe he can see it from alaska. I dont know. Its weird. We have New Polls out. Yeah. A lot of polls. Slew of polls showing a tight president ial race in three key Battleground States. Lets start in pennsylvania. The latest New York times Siena College Philadelphia Inquirer Poll of likely voters finds Kamala Harris ahead of former President Trump, 50 to 46 . That result falls within the Polls Margin of error. Again, New York times Siena Poll, usually they have her at three and Donald Trump at 97. They did polling for Saddam Hussein in 97. This is close, but shes up by four points there. New Quinnipiac University poll in pennsylvania finds harris leading trump, 51 to 45 . In michigan, harris has a Fivepoint Lead over trump. In wisconsin, its close. Harris leads trump by just one point. 48 to 47 . Meanwhile, a new Maris Poll has them tied. Fivepoint lead in michigan. Onepoint lead in wisconsin for harris. Aarp poll finds harris leading trump by one point among likely voters in wisconsin. 49 to 48 . But among voters 50 and older, trump takes a Threepoint Lead over harris. And the latest New York times Siena College national poll of likely voters finds Harris And Trump tied at 47 . What do you what do you think . Well, i found the polls to be disappointing in the past, so i never know what to believe. But it does give you a snapshot. I think the Trend Line is what you always say is the important thing to look at. Yeah. Willie, if you look at the Trend Lines in pennsylvania, in michigan, Trend Lines all most of them show Kamala Harris doing substantially better. Six, seven, eight points better than Joe Biden did. Up three, four points. Again, still in the margin of error. Look at the Trend Lines there. Trend lines in pennsylvania and michigan look good for Kamala Harris. Wisconsin just is about as tight as dan rather might say, as tight as a Texas Tick. A toad on a okay, he is better than that. His are good. Hes got them all. There you go. I mean, it is stark when you look where we were before President Biden got out of the race, the Trend Lines, as we talk about, seemed to be slipping in a lot of states. Obviously the Battleground States but even others. At worst, Kamala Harris stabilized that. At best, in the Swing States, shes grown a bit of a lead now on Donald Trump. Sam stein, the good news for democrats is there is no celebration whatsoever inside the Harris Campaign. Theyre under no illusions theyre running away with any of these states. They know how close its going to be. Interesting to note in the Cross Tabs on these polls, though, we looked at a minute ago, the quinnipiac polls, on specific issues that Donald Trump is believed to have and that he thinks he has an advantage, the economy and immigration, even those have entered sort of margin of error territory, suggesting that Kamala Harris has made up ground on those two pivotal issues in this race. Yeah. I mean, unlike the crowded debate, you are right. Not much celebration here for did i Connect The Dots there . Yeah. Okay. We have to, you know, ruin the show a little bit. Yeah. I will note that joe is right. Its funny because all these polls basically tell the same thing, of a tight race with probably a small harris lead. Joe is right. You can imagine the collective Freakout And Meltdown if the numbers were slightly reversed in the New York times Siena Poll and it was harris who was down a Couple Points in pennsylvania. Democrats would have a Therapy Bill that would be monumental. But thats not the case. Its funny because i dont think republicans will feel the same way about that poll this morning. Ultimately, its a really close race, right . Trend lines are slightly more favorable to harris. Theres a question about whether she had plateaued a little bit. I think at this point, it is fair to say the debate gave her a small boost. Yeah, i think were looking at a race where its like, you know, one or two percentage margins in a number of critical states that will determine the election. The good news for harris is not just that she got a little bit of momentum, but that she has more money and also a more sophisticated Ground Game Operation. I was talking about it with lemire a little bit. Trump outsourced all his Ground Game Operation to other groups, including an Elon Musk superpac. There was a News Story this week that was a little underappreciated, but musk basically stopped contracting with a couple of those groups and decided to contract with another group. Another thing of note, and i think willie hit on it, is on the key issue of the day, which is the economy, more trust for harris over time. Secondly, and i know well get to this, but the fed interest Rate Cut. Yeah. We have the recipe for a decent set of economic conditions heading into election day, which i think will Benefit Harris and which is why you saw a lot of the trump people angry about it, calling it conspiratorial for harris. Im going to go to lemire again. Never misses it. Im going to lemire now. You do it, honey. Jonathan, now this is the part im coming to you, which i was telling mika that. Inside voice. T. J. Goes, take the prompt. Okay. Anyway, this story about plateauing, i want to bring this up, and as sam said, psychiatrists across manhattan, you know, they basically get a Months Worth of work the day after a New York times Siena Poll comes out. Today, you know, its like 47 47, but they threw in the Pennsylvania Deal as a Mood Regulator for people on the upper east side, upper west side. Cut through the antidepressant. Exactly. So its sort of like they have to stabilize it. Its the mixture. But that said, the only plateau there was was the New York times Siena Poll. Im serious. You look at the polls that are out there right now. A lot of the ones that have come out the last couple days, national polls have harris up three, four, five, six points. These polls show certainly in the most important Swing States a significant move toward her. Wisconsin really tight. Of course, wisconsin is wider. Wisconsin is older, whiter. That was a state Joe Biden was over performing in. He did better with older white voters than other groups he usually performed in. Thats what were seeing in wisconsin. Right now, michigan, pennsylvania. If youre looking at these numbers, and also looking at what i still think may be a tight race in all the Swing States, the most important story, that is that Joe Biden and Kamala Harris together have been building up millions of dollars and building up a Ground Game over the last year. In part, Joe Biden is an oldtime pawn, saying Ground Game, Ground Game. A good Ground Game is worth half a point, point in any state, especially when the other side is outsourcing their Ground Game. Because they never had the discipline to build it. This is, again, not great news for harris. Certainly, not good news for Donald Trump. Right. Lets first take a beat on that Ground Game. Lets remember, of course, the rnc was then coopted by the Trump Campaign and trump family. They used resources for his legal bills for a time opposed to working on the Ground Game. Youre right. Starting under President Biden, when he was the candidate, and continued under Vice President harris, the democrats have a massive advantage in all the Battleground States in terms of offices. Theyve seen, after harris moved atop the ticket, a surge in volunteers. Ive been told they dont even have enough jobs for people who want to do them. Because theres such enthusiasm for her. That has to help. Shes going to have a massive financial advantage, as well. Shes outfundraised trump and will spend less time moving forward doing so. More time on the campaign trail. You know, certainly, in terms of the polls, you mentioned wisconsin. Even in pennsylvania, as well, its a state thats whiter than most of the country. The polls show some strength here from harris on white voters. Even with older voters. Now, not as strong as Joe Biden, which is why i think the Harris Campaign is going to use biden in targeted fashions to speak to those demographics going forward. The race is very close. The Trend Lines favor harris. In terms of, guys, the spin of these polls, its always amusing. Whenever a poll comes out that shows a tight race, republicans always grab it and say, look, were doing really well. Motivate our voters. Were doing well. Were going to win. Thats also to pump up their candidate. Democrats do it the other way. This is trouble. Were underdog. They know they dont want to take things for granted. They want to keep working. The Harris Campaign feeding into that, saying, look, we have a lot of work to do. Were still losing. Even though polls suggest shes not. Lets talk about the big sign of where the economy is now, where its headed. In a longanticipated move, the Federal Reserve cut the Target Interest Rate for the first time since 2020. They slashed half a Percentage Point off the benchmark rates that sets shortterm Borrowing Costs for banks, also affecting Auto Loans and credit cards. The Central Bank forecasted lowering by another Half Point by The End of the year. Lets bring in Morning Joe economic analyst Steve Rattner. Heres the Front Page of the Wall Street Journal this morning. It says, the fed goes big with Half Point Rate Cut. We were talking beforehand, it sounds like a big number, and it is, but they were signaling it might go from not a quarter but to a half in the days before this. Yeah. Normally, itd be a quarter for this first step in a Rate Cut cycle. Thats traditionally whats happened, outside of some crisis. The fact they went to 50 Basis Points says two things. One, they had the room to do it. Inflation has come way down, and it is down to about 2. 5 . Secondly, they kind of needed to do it because the Labor Market is softening. You can see here the march of rates going up to the top of the mountain, then you can see them start to come down. What the fed also, you said, projected are more Rate Cuts this year, Rate Cuts next year, and gradually rates getting back to somewhat more normal level. On the right side, you see Mortgage Costs have already rolled over, and thats important. Housing costs have been a big factor in the election, and it is important to show the american people theres hope on Mortgage Costs. Steve, if it goes another Half Point by The End of the year as predicted, youre talking about a full point in the space of about four months or so. Just in laymens terms, what are the practical implications of that for people watching the Show Today . Lower Interest Costs as you said on mortgages, credit cards, all that stuff. The real implications are it gives a little more stimulus to the economy, provides a little bit more of a lift, but it also signals something important, which is that we have gotten the inflation under control. Inflation is now down to 2. 5 . Feds target is 2 . Were not that far from it. And it does show that. You can see that right up there. We have on the right side of the inflation, you can see the inflation mountain, going up the mountain, coming down the mountain. The fed has the scope now to do this, and it will do it. It is a big political lift for, i think, the Harris Campaign. I think theyre in a position now, as the president is as President Biden going to say, the economic club of washington today, hes going to be careful not to declare victory, but hell say weve made a lot of process. It looks pretty good ahead. Were growing at 2 . Were adding jobs. Heres a fun fact for you, gdp under President Biden, even if you strip out covid, moves slightly faster than it did under trump, who runs around and talks about his economy. Actually, it was a little better under biden. Weve heard this term, soft landing, a delicate dance the fed has to do to avoid a recession, effectively. Does it look like our economy achieved that or will achieve that . Remarkably, it does. This is almost without precedent. Theres almost no example in history where the fed attacked inflatiOn And managed to lick it without having a recession. Yes, the percentage of economists who think there could be a recession in the next year, likely to be a recession in the next year, has gone from 65 down to 35 . And so we are basically in a pretty strong environment. I want to make one other point. Trump, of course, is attacking the fed and saying it is political and blah, blah, blah. Im not sure that trump understands how the fed makes rate decisions. Rate decisions are made by a committee of 12 people from all over the country, appointed by va