Kudos to Tim Carney, who has a great piece in the Washington Examiner today highlighting some of the politics and policy substance behind the fight over reauthorisation of the Ex-Im Bank. It’s gratifying to see a journalist take a stand against outrageous corporate welfare. If only it were more common (I’m looking at you, New York “the bank is self-financing” Times).
My new paper on Ex-Im, in which I expand on this blog post from a few weeks ago, was released yesterday. You’ll find even more evidence –as if it were needed – of why the Ex-Im Bank, rubber stamped through Congress by both parties on behalf of their rent-seeking friends for almost 80 years, has got to go.