ClydeR
05-11-2017, 10:05 AM
President Trump, who everybody acknowledges is a master of marketing, has come up with a brand new pitch to market the Republican tax plan. It's very clever and will probably persuade a lot of people.
The interviewer's words are in blue . The rest is Trump.
But beyond that it’s OK if the tax plan increases the deficit?
It is OK, because it won’t increase it for long. You may have two years where you’ll…you understand the expression “prime the pump”?
Yes.
We have to prime the pump.
It’s very Keynesian.
We’re the highest-taxed nation in the world. Have you heard that expression before, for this particular type of an event?
Priming the pump?
Yeah, have you heard it?
Yes.
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.
It’s…
Yeah, what you have to do is you have to put something in before you can get something out.
More... (http://www.economist.com/Trumptranscript)
The interviewer's words are in blue . The rest is Trump.
But beyond that it’s OK if the tax plan increases the deficit?
It is OK, because it won’t increase it for long. You may have two years where you’ll…you understand the expression “prime the pump”?
Yes.
We have to prime the pump.
It’s very Keynesian.
We’re the highest-taxed nation in the world. Have you heard that expression before, for this particular type of an event?
Priming the pump?
Yeah, have you heard it?
Yes.
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.
It’s…
Yeah, what you have to do is you have to put something in before you can get something out.
More... (http://www.economist.com/Trumptranscript)