Fred Hochberg is president of the Export-Import Bank. Last Thursday, at the opening of the Export-Import Bank annual conference, he showed his shock and dismay that some people would call Ex-Im — a taxpayer-backed agency that subsidizes U.S. exports, mostly Boeing jets — “corporate welfare.”
My colleague Charlie Spiering made the above video to show that this view, which Hochberg ridicules, is not only held by crazy conservatives.
