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Export-Import Bank’s Solyndra subsidy reeks of politicized financing

By Timothy P. Carney
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Export-Import Bank’s Solyndra subsidy reeks of politicized financing

Q: When would the U.S. government subsidize a U.S. export that had happened in the previous year and that was estimated to create zero jobs?

A: When the U.S. exporter was politically connected Solyndra, and the subsidizing agency is the Export-Import Bank of the United States.

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Budgets and Deficits Export-Import Bank Government Loans Jobs Lobbying Timothy P. Carney