In his weekly address -- now more like his weekly whining and griping session -- President Obama said the entire industry of exports and imports in America hangs in the balance of the decision-making of, you guessed it, Congress.

Once again, the president is blaming Congress for the woes of America. This time, lawmakers are "stalling" the renewal of the U.S. Export-Import Bank charter designed to help small and large businesses sell globally. Assuring that this "bank works," "it's independent," and "it pays for itself," Obama urged Congress to extend these benefits, adding that this has been done by past Congresses 16 times, otherwise, "thousands of businesses" will "take a completely unnecessary hit."

And to top it off, the incessant golfer-in-chief made sure to point out, in his typical "do-as-I-say-not-as-I-do" manner, that Congress is "home this month" and pleads for America to "tell them to do their jobs."

But Jim DeMint, president of The Heritage Foundation, points to one of his own, Diane Katz, who has looked at the real numbers behind this export/import bank, subsidized by taxpayers. DeMint makes the case for why Congress should not renew the charter using Katz's data in this excerpt from his article:

Out of $2.2 trillion in American exports last year, less than 2 percent of them benefited from Ex-Im financing. Of this 2 percent, 75 percent went to help a mere 10 companies, including giants such as Boeing and General Electric, all of which could easily access private financing. The [U.S. Chamber of Commerce] plays the small-business card to cover the fact that the overwhelming majority of Ex-Im subsidies benefit very, very large corporations.

Moreover, the bank supports less than half of 1 percent of U.S. “small businesses” —which in many cases aren’t so small. (The bank’s definition of “small business” includes manufacturers with as many as 1,500 employees and service firms and retailers with as much as $20.5 million in annual revenues.) This is hardly the mom-and-pop businesses the chamber makes it out to be.

By the chamber’s logic, taxpayers should subsidize every “small business” for any deal anywhere to improve their competitive position. Anecdotes make for heart-tugging propaganda, but again, hard data tells the real story.