More Fun with the Export-Import Bank: It's the Customers, Stupid

Wow, the pundit class is really worried about the Export-Import Bank reauthorization. Today's big shot comes from NYT columnist Joe Nocera.

Nocera is honest enough to acknowledge that big companies like Boeing and Caterpillar are the main recipients of support. The Export-Import bank supporters have been pushing the line that most loans go to small businesses. This is of course true, but most of the money goes to the Boeings and Caterpillars, and serious people care about the money, not the n...