Subject: The real problem with Trump's "priming the pump" interview
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 12 May 2017 05:01:42 -0400 (EDT)

.footer .iOSLink a {       color: #666666 !important;       text-decoration: none !important;     }      @media only screen and (max-device-width: 480px) {       body {         padding: 10px !important;       }       .one-column p,       .one-column li {         font-size: 19px !important;         line-height: 29px !important;       }     }A daily digest of opinions and analysisGetting Mad at the Wrong Trump Economic BlunderOkay, so we can all agree it was absurd for Donald Trump to claim that he invented the phrase "priming the pump" — in an interview with The Economist, no less! — and he deserved a bit of ridicule. But Justin Fox notes that Trump made an even more dangerously wrong statement in the same interview, which deserves far more critical attention than it's gotten.An Asteroid May Kill Us All, and Congress Is Still Pinching PenniesNASA estimates there are about 10,000 "near-earth objects" at least size of a football field; if any one hit our planet, it would release more energy than the most powerful nuclear weapon ever tested. So why is the U.S. government spending a pittance — just $50 million — to protect the planet? Bryan Walsh warns that America lacks even the most basic insurance policy to protect against an existential threat.In Baseball, No Lawyers Means No Nets and Dozens of Fan InjuriesEvery year, more than 1,700 baseball fans are injured by broken bats or foul balls that fly into the stands; some two dozen suffer serious injuries, such as broken skulls. So why isn't the sport under legal pressure to protect fans closest to the field? Joe Nocera considers why baseball can look the other way when its customers get hurt.Why Uber's Still Struggling to Convince People It's a Tech CompanyA European court looks set to rule that the ride-hailing company is, basically, an old-fashioned taxi firm -- a decision that would make Uber comply with the same regulations as local taxi companies, and would bring an end to the company's hard-fought, continent-spanning legal effort. The ruling won't ruin Uber, Leonid Bershidsky says, but it could upend app-based "sharing-economy" companies across the EU and the world.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsThe top 10 highest-paid executives for 2016 (Bloomberg)Try this low-cost portfolio with massive diversification (MarketWatch)Why is an NBA team trying to become tech's next big incubator? (Redef)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyMacy's fall doesn't dictate retail's futureMerck can't say how good its good news isTechnology's path from creepiness to acceptance(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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