Export-Import Bank defenders deploy worthless numbers on job creation, bogus profit claims, empty scare tactics about how Boeing will die, and now, spooky stories about significant drops in exports resulting from killing Ex-Im.

Ex-Im defender Tony Fratto has written a post about how bad a 2 percent drop in exports would be. Read Fratto. His premise is that killing Ex-Im would reduce U.S. exports by 2 percent. Where does he get that idea? From the fact that Ex-Im supports about 2 percent.