pump priming
- noun
- /pʌmp ˈpraɪmɪŋ/
- Specialized
- No amount of government pump priming or printing money is going to suddenly make that fuel more affordable and bring back growth.
Examples
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I would like to see NASA doing pump priming to create a space-faring economy, not another "space program."
Blog text (1) -
After the economic downturn, experts suggested that pump priming through infrastructure investment would boost growth.
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The government implemented pump priming measures to stimulate the economy after the recession.
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To encourage new businesses, the city allocated funds for pump priming initiatives aimed at increasing local employment.
Synonyms
Government spends more money than it gets and borrows to pay the difference
Spending the government borrows to help the economy during a slowdown
Antonyms
- Literature
Government policy of cutting public spending and services to reduce debt
How Stimulating
- Slang
- Specialized
- Specialized
Surface Forms
Morphology
The phrase evokes the concrete image of priming a pump (injecting to start a flow), and the components 'pump' (inject) + 'priming' (preparing) reasonably suggest injecting resources to stimulate activity, so a learner who knows both words can infer the general idea. However, its specific economic sense — a technical policy of government spending/investment to stimulate the economy — is a metaphorical, jargon-like extension and not fully predictable without some prior exposure.
Etymology
Pump priming comes from the image of pouring water into a pump to prime it so the pump fills with water and begins to work. One popular image says a government 'primes' the economy by adding money in the same way, so pump priming now means 'putting government money into the economy to get it moving'.