Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun Government action taken to stimulate the economy, as spending money in the commercial sector, cutting taxes, or reducing interest rates.
Etymologies
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Examples
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Nyhan: Besides big pump-priming stimulus measures (which are now ruled out due to the deficit) ….
Matthew Yglesias » Was Health Reform a Political Blunder? How Could We Know? 2010
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Many finance ministers suffer from similar complaints and there are over-the-counter remedies from reputable economists, all very good at "pump-priming", as President Roosevelt euphemistically called it.
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The president, having apparently given up on Keynesian pump-priming, has no retort except to invest for the long term.
Robert Reich: The President Ignored the Elephant in the Room Robert Reich 2011
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Nyhan: Besides big pump-priming stimulus measures (which are now ruled out due to the deficit) ….
Matthew Yglesias » Was Health Reform a Political Blunder? How Could We Know? 2010
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The president, having apparently given up on Keynesian pump-priming, has no retort except to invest for the long term.
Robert Reich: The President Ignored the Elephant in the Room Robert Reich 2011
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The president, having apparently given up on Keynesian pump-priming, has no retort except to invest for the long term.
Robert Reich: The President Ignored the Elephant in the Room Robert Reich 2011
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Saying that Keynesian pump-priming is like trickle-down theory is like saying that modern surgical practice is like Medieval theory of bodily humors.
Wonk Room » CNBC: Unemployment Benefits Are A ‘Fraud,’ We’re ‘Paying People Not To Work’ 2009
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Its pump-priming program of asset purchases, known as quantitative easing, was suspended in December 2009 after injecting 200 billion pounds $320 billion into the economy.
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The point here is not about the right deficit for this year or next, or the valuable role of pump-priming in a slump.
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The idea of “pump-priming stimulus measures” is an intellectual fraud.
Matthew Yglesias » Was Health Reform a Political Blunder? How Could We Know? 2010
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