Section 4 · The Economy
🚢Ch. 23 — Export-Import Bank
EXIM · 2 tracked
Abolish the Export–Import Bank
Proposed
The chapter’s lead essay concludes EXIM should be abolished as corporate welfare that redistributes exports/jobs, risks taxpayers, and fails as a China-competition weapon—citing quiescence during the 2015–2019 quorum lapse when exports still grew.
Keep and wield EXIM as a strategic export-credit counter to China
Proposed
The chapter’s counter-essay argues EXIM is essential additionality financing and the only U.S. sovereign-guarantee vehicle, and that abandoning export credit cedes strategic ground to China’s ECAs and Belt and Road—urging America not to leave the field.