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Podcast: Wealth Formula Podcast
Episode: 333: Congressman James Bacchus on the state of Free Trade and the WTO
Description: When I was growing up, the Republican Party stood for small government and free trade. Democrats were apparently on the other side of the table. Maybe it is an incorrect generalization, but one thing is for sure…neither party supports real free trade anymore. Why? Well, I think it stems from an overriding trend towards nationalism. The problem is that free trade is actually very beneficial for economies. Over the past several decades no other country has benefitted more from free trade than the United States. There are many benefits to free trade. Obviously, you have a greater variety of go...