Watch LIVE

Trump thinks he invented this economic theory

Glenn Beck
Molly Riley-Pool/Getty Images

President Donald Trump’s latest quote that has people scratching their heads is in an interview with The Economist where the president claimed he was the first to use the phrase “priming the pump.” Glenn Beck talked about the many issues with that claim on Thursday’s “The Glenn Beck Radio Program.”

“Have you heard that expression used before?” Trump said after using the phrase, according to the interview transcript. “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.”

Not only has the phrase “prime the pump” been around since it was used in a literal sense in the 1800s, but it has also been used to explain economic theory since the 1930s. The term has long been associated with economist John Maynard Keynes, who favored government spending to stimulate the economy.

“Priming the pump is an expression that you’d never heard before?” Glenn was flabbergasted at Trump’s ignorance of the phrase and of economic theory. “Here is the problem: It shows that you haven’t thought about this at all,” he said. “If you have been in business, how do you not know ‘priming the pump’?”

To see more from Glenn, visit his channel on TheBlaze and listen live to “The Glenn Beck Radio Program” with Glenn Beck, Pat Gray, Stu Burguiere and Jeffy Fisher weekdays 9 a.m.–noon ET on TheBlaze Radio Network.

Most recent
All Articles