https://pjmedia.com/tatler/2012/09/21/ex-im-bank-a-legacy-of-corporate-welfare/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 10:45:52 -0400<![CDATA[The Great Depression in the 1930s ravaged the post-World War I American economy.  Decreased production and severely limited international trade caused the economy to contract drastically year after year for the first half of the decade.  In one of many efforts to reverse this trend, President Franklin Delano Roosevelt issued an executive order in 1934 establishing the Export-Import Bank of the United States.  This new agency was formed with the stated goal of aiding in the finance and facilitation of new trading partnerships between the U.S. and other nations.  More specifically, it was meant to bolster American companies so that they would be on a level playing field with other foreign corporations that had the financial backing of their respective countries.]]>Fri, 21 Sep 2012 10:04:09 -0400<![CDATA[David Williams]]>https://pjmedia.com/david-williams/2012/09/21/ex-im-bank-a-legacy-of-corporate-welfare-n172077