As President Trump works to make the U.S. economy great again, one expert says America needs to correct it's 'great economic mistake'.
"The great American economic mistake was keeping in place an economic system to allow our allies to become rich, prosperous nations" said John Carney, economics and finance editor for Breitbart News.
Basically, in a form of foreign aid, the U.S. set the table to allow Germany and Japan to rise from the ashes coming out of World War II. The motive? To keep those countries, along with the rest of our allies, from falling into communism. The price tag was too high, and the length has been too long.
"We've elected Donald Trump to put an end to that, and to create the new system, one in which the U.S. is no longer supporting the rest of the world on the backs of the working people of America and is now a partner with the rest of the world" Carney told KTRH.
There is no upside right now for America, which is why Trump is trying to turn it around and fix it.
"I don't think Trump alone can reset the global economy" noted Carney, "I think that it will take years, but we're moving in the right direction."
Starting with the Trump tariffs, and trade negotiations.
Photo: Roberto Schmidt / Getty Images News / Getty Images