ECONOMIST: Beyond that, it’s okay if the tax plan increases the deficit?TRUMP: It is okay, because it won’t increase it for long. You may have two years where you’ll … you understand the expression “prime the pump”?ECONOMIST: Yes.TRUMP: We have to prime the pump.ECONOMIST: It’s very Keynesian.TRUMP: We’re the highest-taxed nation in the world. Have you heard that expression before, for this particular type of an event?ECONOMIST: Priming the pump?TRUMP: Yeah, have you heard it?ECONOMIST: Yes.TRUMP: Have you heard that expression used before? Because I haven’t heard it. I mean, I just … I came up with it a couple of days ago and I thought it was good. It’s what you have to do.
May 11, 2017 at 8:57 AM EDT