Category Archives: Economy

Why is the United States Government Financing Our Foreign Competition?

Here’s a a question: If tax dollars were being used to make prices cheaper for companies overseas while simultaneously forbidding American companies from enjoying the same luxury…would that be fair?

I would submit that it’s not and President Obama claimed to feel the same way at his State of the Union earlier this year:

… It’s not fair when foreign manufacturers have a leg up on ours only because they’re heavily subsidized.

Unfortunately, that’s exactly what is happening.  Let me introduce you to something call the Export-Import Bank.

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