Archived Opinion

Despite worries, no recession in sight

Despite worries, no recession in sight

To the Editor:

I happened to come across a column written by Martin Dyckman in an old edition of the SMN in which he made some rather strong comments against the soon-to-be-passed tax reform legislation. In that column Mr. Dyckman wrote the following: “There are only two classes of guaranteed winners (with the tax bill)… the wealthiest of all Americans, and large corporations.”

I wonder if he might now have a different opinion of the tax legislation? As of this date, hundreds of different companies — large and small — have given their lowest paid employees bonuses, salary increases, larger retirement contributions, utility reductions and have even increased jobs. Stories continue to be shared from across the country of the powerful and positive impact that the tax reform bill has had on hundreds of thousands of Americans and their families. 

It is amazing to me how otherwise intelligent individuals on the far left continue to be so irrationally influenced by their hatred of Donald Trump — in addition to their ever-increasing lack of touch with everyday Americans. Other examples of this, of course, include Nancy Pelosi’s “crumbs” comment, and someone who Mr. Dyckman quoted in his column, Paul Krugman, who famously forecast a global recession “with no end in sight” under President Trump. Maybe what Krugman actually meant to say was “no recession in sight.”

But then again they say that liberalism is a disease. So I guess it’s not so surprising after all. 

Tom Smith, 

Davie, Florida

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