Stay updated with breaking news from Export subsidies. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Almost surely accounting illusion, and by offering loan guaranties at loan market rates the market will lose 2 billion dollars. advocates claim the swampy bank protecting american manufacturing jobs because clients couldn t export as much without cheap financing. what? boeing, ge, titans of industry. why can t they find private lenders to finance the deals, not using exim loans. export subsidies may boost the profits of the corporations that get them. it s bad for the economy because it shifts capital economic growth and jobs from unsubsidized firms to subsidized once, also known as politically connected ones. even hurts some of our own domestic companies. delta can t buy boeing planes with subsidized exim loans, ....
Almost surely accounting illusion, and by offering loan guaranties at loan market rates the market will lose 2 billion dollars. advocates claim the swampy bank protecting american manufacturing jobs because clients couldn t export as much without cheap financing. what? boeing, ge, titans of industry. why can t they find private lenders to finance the deals, not using exim loans. export subsidies may boost the profits of the corporations that get them. it s bad for the economy because it shifts capital economic growth and jobs from unsubsidized firms to subsidized once, also known as politically connected ones. even hurts some of our own domestic companies. delta can t buy boeing planes with subsidized exim loans, ....
Adviser. a critic might say this isn t the platinum list of supporters a mitt romney had. why? i want to give you the copper list. i m going to tell you a couple personal stories about some of the people on there, give you insight as to why business people are supporting trump. copper. brian o shaughnessy, he s the ceo of revere copper, which was actually founded by paul revere back in the day. and he i got to know him. he was interviewed for the film i did death by china which is about how china has basically used their illegal export subsidies, currency manipulat n manipulation, other practs to hammer the heartland of this country, steal our jobs, shut our factories down, and o shaughnessy is one of the most elegant people i know discussing the china threat. so he is a natural fit. another one is bill hickey. i want to ask about one that sticks out to me. hold on, you got one. i want to ask about one. ....
Destruction. the currency thing alone, 40% under values, like a tariff on u.s. goods in china, acts like a subsidy for goods here. china is not solely to blame. big business is doing fine. why? because apple, boeing, ge, caterpillar, they re all going over to china to take advantage of chinese workers, lack of environmental pollution and those export subsidies, dumping stuff back here in america. we go into a walmart and we re not connecting the dots. this is the presidential campaign issue. if we if the economics is the issue, china is the issue and the whole point of having a movie come out right now, as the conventions are going on, right after we open in new york, i m going to ohio, for a month, for this film. we re going to be in 20 different cities in ohio, boots on the ground trying to get these presidential candidates to promise to do something for the american people about china. i think this this is why i said before, i think foreign policy is going to be on the ....
They do huge illegal export subsidies, steal our intellectual property, put stuff in the air and water, when steel plant in ohio can t do the same thing, that s a competitive advantage. the worst of it all that apple factory, that s the best factory in china and still 16 hour days, seven days a week and people jumping off buildings into suicide nets. as americans, do we want to really support that kind of thing? as americans, if we really want to recover this economy, we ve got to regain our manufacturing base. we have to produce more than we consume. conventional wisdom those jobs leave the united states and go to china because it s cheaper, obviously, with wages. yeah. is that true? that s the great myth. i m a professor in my real life i guess and i did a several year study on sources of chinese competitive advantages. cheap labor matters but that s not it. if it were cambodia and bangladesh would dominate the economy. the legal weapons of job ....