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Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

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NAM Ex-Im Claim Debunked

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Unread 09.13.19, 01:52 AM
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NAM Ex-Im Claim Debunked

09.12.19 10:59 AM

AFP-led coalition urges Congress to oppose reauthorization of the Ex-Im bank*as Sept. 30th deadline nears. Arlington, Va. – Americans for Prosperity led a coalition of organizations Thursday issuing a letter to Congress debunking claims made by the National Association of Manufacturers (NAM) that manufacturing jobs would suffer without the Export Import (Ex-Im) Bank. In the letter to Congress today, the AFP-led coalition writes: “Despite NAM’s attempts to paint a bleak jobs picture, manufacturing has not suffered from the lapse in Export-Import Bank financing. But don’t take our word for it. In a release this past July on the strength of the manufacturing sector, NAM itself said: “Manufacturing job openings were also at an all-time high in May with 509,000 open jobs, according to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. This solid job creation is actually exacerbating an existing challenge in the industry: a lack of enough skilled workers.” … “Bank supporters deny the bank is corporate welfare, but what else would you call giving a select few companies taxpayer-backed loans with terms not available in the private market and not available to the vast majority of American businesses? Meanwhile, those same American businesses are put […]

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