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.
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The Case for the Export-Import Bank
… attempts to reorient the agency and make it a weapon with which to fight against China are going to fail. Economic fights and national security fights are not won with … attempts to reorient the agency and make it a weapon with which to fight against China are going to fail. Economic … - page 724
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… both our exporting community and foreign suppliers that American exporters will continue to be able to compete … both our exporting community and foreign suppliers that American exporters will continue to be able to compete … - page 724
… to EXIM, but as President, he learned the challenges America’s businesses face when competing for opportunities … said, “Exports create and sustain jobs for millions of American workers and contribute to the growth and strength of … economy . The Export-Import Bank contributes in a significant way to our nation’s export sales.” Chapter The Case … - page 724
… was exactly right. EXIM provides a mechanism that American companies can use to vie for projects that would … guarantee in order to submit a bid. EXIM is the only American vehicle that can provide that sovereign guarantee. Chapter The … - page 724
… Since Reagan’s presidency, the global economic - 10493 Since Reagan’s presidency, the global economic order has shifted dramatically, and arising China has completely disrupted the … - page 724
… to create more jobs at home. It was a benign tool for economic expansion. China , however, has morphed export credit … to create more jobs at home. It was a benign tool for economic expansion. China, however, has morphed export credit … - page 724
… agency (ECA), China has three, all targeted for specific stages of economic and industrial development. The amount of money China has … agency (ECA), China has three, all targeted for specific stages of economic and industrial development. The amount … - page 724
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… entire G7 combined. Today, China is the world’s largest official creditor, maintaining a portfolio more than twice the size of the World Bank and International Monetary … entire G7 combined. Today, China is the world’s largest official creditor, maintaining a portfolio more than twice the … - page 725
… • China ’s highly aggressive Belt and Road Initiative, which has prompted international criticism for ensnaring the developing world in “debt-trap diplomacy,” has created a sphere of economic and strategic influence that includes about 150 … - page 725
… Unlike America and the G7 economies, - 10501 Unlike America and the G7 economies, China does not subscribe to the … project unaffordable for the purchasing country. These tactics have yielded China important strategic plunder like … - page 725
… Export credit is a strategic weapon - 10502 Export credit is a strategic weapon in China ’s whole-of- government approach to enhance its global power, economic might, and national security. The only country that has … - page 725
… other countries have reacted defensively to change their policies and programs to avoid losing access to large chunks of … for their businesses and advancing their national strategic interests over the long term. In addition, foreign buyers, particularly those looking to build large international … - page 725
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… continues to abide by traditional Organisation for Economic Cooperation and Development (OECD) rules. For example: … continues to abide by traditional Organisation for Economic Cooperation and Development (OECD) rules. For example: … … - page 726
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