Obama Tries to Blame the GOP for Blocking Something He Slammed as ‘Corporate Welfare’ in 2008

Has President Obama flip-flopped, evolved or changed his position on the Export-Import Bank? Based on what he said while addressing the U.S. – Africa Business Forum in Washington, D.C. on Tuesday, it would appear so.

Obama was quite clear in his remarks saying, “Today, we are announcing $7 billion to create trade growth in Africa. Earlier today I announced a new advisory council of business leaders to make sure we are doing everything we can to help you do business in Africa.”

He continued, “I would be remiss if I did not add that House Republicans can help by reauthorizing the Export-Import Bank. That is the right thing to do.”

Watch the statement.

The president’s words seem to contradict his previous position.

Here’s a flashback to 2008. Senator Obama was on the campaign trail in Green Bay, Wisconsin, promising to clean up government and eliminate wasteful programs like the Export-Import Bank — something he viewed as “little more than a fund for corporate welfare.”

(H/T: Washington Free Beacon)


Follow Mike Opelka (@Stuntbrain) on Twitter.