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Policy: Economy

This infographic sums up what's wrong with the Export-Import Bank

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Beltway Confidential,Opinion,Timothy P. Carney,Heritage Foundation,Economy,Minusextra,MinusRelatedPhoto,Heritage Action,Export Import Bank

Democrats all over the country are running in support of the Export-Import Bank, a government agency President Obama rightly called "little more than a fund for corporate welfare." (That was before he controlled it, of course.)

Ex-Im, they argue, makes jobs, makes a profit and helps all sorts of small businesses. This isn't true. I've pointed out how Ex-Im's jobs numbers are useless and its profit argument is fatally flawed.

Today, Heritage puts out an infographic that captures well some of the refutations of the Ex-Im defenses.



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