NOTE: This download expired May 31, 2019. See message below.
Released: Filed Under: Stoa Policy
About "EXIM Bank"
The Affirmative team says that we should abolish the Export-Import Bank. The Export-Import Bank helps American companies to compete in foreign markets or where countries require government guarantees that the bank’s loans provide. The bank is an important element in boosting the economy and in the US manufacturing sector. The Ex-Im Bank guarantees loans for foreign companies interested in buying U.S. exports, and runs programs such as providing insurance and credit to help small businesses secure new customers and working capital. The Affirmative team will say that the Ex-Im Bank costs taxpayers, distorts the free market, and only helps big companies.
This Negative brief shows how the Ex-Im Bank doesn’t cost taxpayers. The Ex-Im Bank actually earns money for the Treasury. Instead of hurting the free market, the bank helps level the playing field. Plus, it helps countless small businesses. The Ex-Im Bank expired a few years ago and some of the evidence in this brief talks about how a lot of American companies struggled without the loans.
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Kathryn has done four years of team-policy debate. She and her partner qualified for NITOC the last three years. Research is definitely one of her favorite things to do.