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”?
T:We have to prime the pump.
E: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?
E:Priming the pump?
T:Yeah, have you heard it?
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. It’s what you have to do.
T:Yeah, what you have to do is you have to put something in before you can get something out.
Mr Mnuchin: And as we talked about, economic growth under the Trump administration could increase revenues as much as $2trn over the ten-year period of time. So priming the pump in the short term leads to growth.
Transcript: Interview with Donald Trump
The Economist talks to the President of the United States about economic policy
Read more: http://www.economist.com/Trumptranscript