When the
interviewer knows more than the interviewee…
.
.
Bill: It goes without saying, that when you are
in any position of responsibility you have to watch what you say.
.
George: And then he comes
out with this claim to have invented the expression, “prime the pump.”
New Deal 1933 |
.
Bill: An expression as old
as pumps themselves. And in economics it was used by FDR in 1933.
.
George: Do you think he
knows that his take on “I” stands for ignorant, incompetent, incoherent?
.
Bill: Doubt it. He doesn't
research and doesn’t read.
___________
Voice-over
.
T: That all goes into tax
reduction. Tremendous savings.
.
Economist Journalist: But
beyond that it’s OK if the tax plan increases the deficit?
.
T: 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”?
.
EJ: Yes.
.
T: We have to prime the
pump.
.
EJ: It’s very Keynesian.
.
T: We’re the highest-taxed
nation in the world. Have you heard that expression before, for this particular
type of an event?
.
EJ: Priming the pump?
.
T: Yeah, have you heard it?
.
EJ: Yes.
.
T: 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.
.
The Economist, 12 May, 2017
.
The Economist, 12 May, 2017
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