It’s preposterous. There’s no problem that’s getting addressed with this solution, this is a solution in search of some problem.
The Export-Import Bank Should Be Abolished
… BACKGROUND - 10439 BACKGROUND Chapter The Export-Import Bank Should Be Abolished Page number 718 … BACKGROUND … BACKGROUND - 10439 … - page 718
… for some exports (on average, 98 percent of exports are not backed by EXIM financing). It also is extremely unfair. … subsidized companies (taxpayers foot the bill if companies backed by the Bank default), unsubsidized export companies … for some exports (on average, 98 percent of exports are not backed by EXIM financing). It also is extremely unfair. … - page 720
… time of the report, only 0.7 percent of its exports were backed by ECA financing. These data provide little support … time of the report, only 0.7 percent of its exports were backed by ECA financing. These data provide little support … - page 721
… a hyperactive ECA: It ranked first on the list in 2019. ECA-backed exports in China represented 2.1 percent of exports backed by government financing. Whatever one perceives as … a hyperactive ECA: It ranked first on the list in 2019. ECA-backed exports in China represented 2.1 percent of exports … - page 721
… the eighth-ranked U.S. for its unusually low level of EXIM-backed exports. At the time of the report, the U.S. economy … the eighth-ranked U.S. for its unusually low level of EXIM-backed exports. At the time of the report, the U.S. economy … - page 721
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