bank

In this episode of The Heartland Daily podcast, managing editor Jesse Hathaway talks with Mercatus Center senior research fellow Stephen Miller about the history of postal banking in the United States, and why supporters of the idea, like presidential candidate Bernie Sanders (D-VT), have failed to learn from the mistakes of history.

In today’s edition of The Heartland Daily Podcast, we listen in as Research Fellow Jesse Hathaway joins the Late Afternoons With Mike Schickman show where he discussed the recent passage of the Highway Bill that reauthorized the Export-Import Bank.

The national Republican Party is currently in the midst of a slow-motion train wreck. Their presidential primary has amply demonstrated their Base’s profound disaffection. You can call it anger, you can call it delusion – you can call it a tuna fish sandwich. But when 70+% of your voters don’t like anyone having anything to do with anything you’ve been doing – you absolutely call it a problem.

The Ex-Im Bank has become a key talking point in the 2016 presidential campaign, but most people don’t even know what it is or why it exists. They surely don’t know that it is a New-Deal era government program that takes our tax dollars and gives them to big businesses—like Boeing, ExxonMobil, and General Electric—to make it easier to sell their products overseas.