Printing Error: Problem Initializing the current printer.

In the PRINT BOOKLET Setup - change Print Preset to pdf custom.

Finally found out what was causing it on my file. Not the print settings. It was an overset text frame I found through an error being flagged in the preflight settings (red dot bottom of screen).

The issue was either one of two things: 1) it was overset text, or 2) this specific text box was going outside the document area. Not just outside the bleed, but outside the lighter-grey work area. I'm leaning toward the latter cause. Once i deleted it, the error disappeared and the booklet print worked.  The only other unique detail is that this text box was also on the last page of the document, so it might have been a combination of that and one of the other things.. Hope that helps somebody. Try fixing your overset text and make sure no objects are going way off the workspace.

I just got the problem for the first time, using InDesign CS4 and Windows 7, but not printing to PDF--just printing to a regular inkjet printer.  It seemed to happen after I changed some printer settings very rapidly.   Closing and reopening ID did not help.  I only got the message with the one file, and had no problem printing other files.  So I recreated the file using one of the files I knew I could print, and voila--the problem disappeared.  I hope this is somewhat helpful to someone ... it's not the same, of course, as getting the message every time you try to print.

I had the same problem. I tried to create booklet. Didnt work. I tried create printing PDF. The same. But i created print files from this file before many times (its newspapers on the same basic). So i tried to understand why it doesnt create now? At first i tried to unninstal acrobat. No changes. Well.. sometimes (i dont know why) i think the problem is in indd file. Because i know i did print pdf from file before. So i created new document and try create print file and? its work. So try it too. If its ok the way to print your "demage" indd is to "package" document and you will create new folder with indd and links, fonts... and from this file i can make booklet or print with no problems... I hope it helps you

Same problem.  Old file, latest version of Windows and In-Design CC.  Have repaired Adobe Acrobat. done the changes recommended.  Still no pdf.

Problem is not the Adobe Printer as the bodge fix of copy/pasting all the content to a new document allowed that to work.  However do not want to have to do this for every old document I have ever created.

I also got this to work in a different manner.  I went to the printer advanced settings and changed the DPI from its high setting to 300.  On this project my file was 8'x4' so that may have been the problem.  I'm on InDesign CC 2014, Windows 8.1 64

I also found success only after printing to a separate printer (PS file so as not to waste paper lol) and then changing the printer back to Adobe PDF. Windows 8 btw and Adobe CC subscription.

jorgeseptien: Thank you!! It's a workaround but works perfect!! This issue was a pain in the @#$!!

You can print to a post script and open in Acrobat too.  I did that and it worked - I also did what Patrick recommended changing the printer and then changing it back to PDF and that worked as well!!!  Thank you for your posts and help!!

thanx!