Trade Competition Quotes
North was none-the-less in favor of allowing interest rates be much higher, but was stating the best argument, believed at the time by most English experts, and many American economists today.
The Export-Import Bank lends money at good interest rates to foreign businesses to buy goods manufactured in the United States. It creates hundreds of thousands of American jobs each year, and costs the American taxpayer nothing; the bank actually makes money, None the less, it has been the policy of the extremist conservative Republicans like the Tea Party to oppose the bank’s charter renewal.
There has rarely been such a succinct statement of development and globalization interaction.