Imagine your company produces airliners. Imagine that there are costs associated with purchasing your airliner for your customers above and beyond just the cost of the plane. Imagine that there is a way for you to get the American taxpayer to pay for a lot of these costs so that neither you nor your customer had to pay them. Wouldn’t that be sweet?
No need to imagine. That’s basically what the Ex-Im Bank does.
The folks over at Crony Chronicles have developed a heat map of Ex-Im activity around the world. The sun never goes down on American industrial subsidies.