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Exchange of the Day

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The Economist interviewed President Trump, who claimed he came up with a new phrase:

ECONOMIST: But beyond that it’s OK if the tax plan increases the deficit?

TRUMP: 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”?

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.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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