Spare us the doom and gloom
Please spare us doom and gloom commentaries. Recently, The Baltimore Sun published a column by Bret Stephens bemoaning the sad state of affairs worldwide (“Bret Stephens: our leaderless free world,” Aug. 1). According to Mr. Stephens, we are facing a worldwide recession; President Joe Biden is largely responsible for inflation, which is out of control and should have been predicted; and the war in Ukraine is on the verge of being lost. Wrong, wrong, wrong.
Most economists agree that we are far from a recession, our inflation is likely to abate this fall or early next year. President Biden’s performance regarding Ukraine was heroic in mobilizing the free world to counter Russian oppression. However, taking a more aggressive position against Russia as advocated by Mr. Stephens threatens nuclear retaliation by Vladimir Putin. Commentators like Mr. Stephens who keep on insisting that we are in a recession may lead to a self-fulfilling prophecy.
No, Mr. Stephens, the sky is not falling.
— Jack Kinstlinger, Towson