This is a common theme in Republican administrations dating back to presidents Richard Nixon and Ronald Reagan. What you do is you break the government, make it very hard for the government to function, and then you loudly announce that the government can’t do anything.
The Case for the Export-Import Bank
… for President, Ronald Reagan was opposed to EXIM, but as President, he learned the challenges America’s businesses face when competing for opportunities overseas, … Reagan once famously remarked, “Why would I want our businesses competing with two hands tied behind their … - page 724
… companies can use to vie for projects that would otherwise be out of reach, notably deals that the banking industry won’t finance because of the risk … - page 724
… Since Reagan’s presidency, the global economic - 10493 Since Reagan’s presidency, the global economic order has shifted dramatically, and arising … credit sector. Chapter The Case for the Export-Import Bank Page number 724 … Since Reagan’s presidency, the global … - page 724
… for and win projects overseas in order to create more jobs at home. It was a benign tool for economic expansion. China , however, has … national security. Chapter The Case for the Export-Import Bank Page number 724 … • In Reagan’s era, export credit … - page 724
… industrial development. The amount of money China has put behind these three instruments is staggering. Chapter The Case for the Export-Import Bank Page number 724 … • Where most nations have just one export credit … - page 724
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