Economics

Jim Wallis 9-22-2011

Wall Street has been devastating Main Street for some time. And when the politicians -- most of them bought by Wall Street -- say nothing, it's called "responsible economics." But when somebody, anybody, complains about people suffering and that the political deck in official Washington has been stacked in favor of Wall Street, the accusation of class warfare quickly emerges. "Just who do these people think they are," they ask. The truth is that the people screaming about class warfare this week aren't really concerned about the warfare. They're just concerned that their class -- or the class that has bought and paid for their political careers -- continues to win the war.

So where is God in all of this? Is God into class warfare? No, of course not. God really does love us all, sinners and saints alike, rich and poor, mansion dwellers and ghetto dwellers. But the God of the Bible has a special concern for the poor and is openly suspicious of the rich. And if that is not clear in the Bible nothing is.

Duane Shank 9-22-2011
Every time I think I've exhausted my outrage capacity, I see something new to refuel it.
the Web Editors 9-21-2011

The House on Wednesday failed to pass a continuing resolution to keep the federal government funded past next week...

Jack Palmer 9-15-2011

Did you know 98 percent of poor households in the U.S. (those with an income of about $22,000 or less for a family of four) own a STOVE or OVEN? Or that 84 percent of poor households have AIR CONDITIONING?

Shocking! An outrage!

At least that's what some of our colleagues in the media appear to believe, as Jon Stewart documents in the following "Daily Show" report:

Cathleen Falsani 9-14-2011

The Census Bureau on Tuesday released the latest data on poverty in the United States, and the news was troubling.

In the graphics below, you can see how poverty rates have increased over the last decade - overall, as well as among African Americans, children and families.

For the complete Census Bureau report click HERE.

For a graph charting the poverty rate from 1959 to the present, click HERE.

povertyall

A new study says that might just be how it works, as long as the taxes are progressive. The study was conducted in 54 nations with over 59,000 respondents. The polling tracked the expressed well being of respondents and then checked for correlations in taxation systems. The end result? On average, those who lived in a country with a highly progressive tax system reported a higher level of quality of life, more positive daily experiences, and fewer negative ones. Overall, people are happier the more progressive their tax system is.

It's an academic paper and the authors don't jump to any political conclusions, but they do provide at least one plausible explanation. The study notes that simply increasing government spending does not increase overall happiness. But people are happier in countries with higher levels of progressive taxation because they are more satisfied with basic government services, such as quality of education and health care.

Cathleen Falsani 9-09-2011

First, here's the transcript portion of the last five minutes of President Obama's speech where he really got his preach on:

Margaret Benefiel 9-06-2011

Yesterday, the U.S. and Canada celebrated Labor Day, a day honoring workers. What does it mean to honor workers at a time of high unemployment, job insecurity, and the threat of lay-offs? In the U.S., the unemployment rate remains just over 9 percent, with no decrease of the rate in August and the recovery of jobs apparently stalled. As President Obama prepares to deliver his "jobs speech" this week, he faces immense challenges.

In the U.S., the first celebration of Labor Day was held in 1882 in New York City, organized by the Central Labor Union. In Canada, Labor Day can be traced back even further, to when Toronto Typographers went on strike for a 58-hour work week in 1872. Religious leaders, both nationally and internationally, recognizing the sanctity of labor, joined labor leaders in calling for justice for workers. Pope Leo XIII, for example, issued Rerum Novarum (On the Condition of Labor) in 1891, building a biblical foundation for the dignity of the worker.

Kent Annan 9-01-2011

My daughter attended her first day of kindergarten today. A poignant milestone dressed up in an exceptionally cute plaid jumper.

My wife and I thought we were pretty cool with it. Our daughter had attended preschool, after all, so this wasn't a major logistical change. She was excited as we dropped her off, said goodbye with a smile over her shoulder, then back to drawing in her new notebook.

We still thought we were cool with it after we signed up for PTA at the courtyard table. We ran into the local rabbi. My wife is pastor at a Lutheran church in town and they cross paths regularly. The rabbi's third child was starting kindergarten. He's an old hand at this.

Chuck Collins 8-31-2011

We're sorely missing the servant leadership of America's CEOs on matters of corporate taxation.

As Congress contemplates trillions in budget cuts that will worsen poverty and undermine the quality of life in America, consider these findings from a new report that I co-authored, "Massive CEO Rewards for Tax Dodging," by the Institute for Policy Studies.

Last year, the compensation of 25 CEOs at major profitable U.S. companies was larger than the entire amount their company paid in U.S. corporate taxes.

These 25 include the CEOs of Verizon, Boeing, Honeywell, General Electric, International Paper, Prudential, eBay, Bank of New York Mellon, Ford, Motorola, Qwest Communications, Dow Chemical, and Stanley Black and Decker.

Rick Steves 8-30-2011

At Europe Through the Back Door, our tour program just sold its 11,782nd seat for our 2011 season -- topping our best tour sales year ever (2007). Despite our antsy stock market and doom-and-gloom news stories, it seems that our economy is gaining some confidence. And yet, at the same time, our local symphony and arts center are in financial crisis.

As a way to celebrate, to give back to my beautiful hometown of Edmonds, and to spark a little conversation about why a society as affluent as the USA is cutting education, neglecting our environment, and defunding the arts while our wealthy class is doing better than ever, I've decided to make a donation of $1 million (in $100,000-a-year payments over the next decade) to our local symphony and arts center. This sum represents the money I've gained in the 10 years since the Bush tax cuts for the richest Americans (those of us earning over $250,000 a year) took effect.

Rose Marie Berger 8-26-2011

More than 140 prominent Protestant leaders from 12 Latin American countries have signed an "open letter to the Christian churches of the United States," asking American Christians to stand with "the most vulnerable members of US society" who would be affected by proposed budget cuts to the social safety net.

Citing the Circle of Protection as a positive Christian witness, the signers also expressed their dismay. "We view with deep concern recent decisions in the United States that will add to the suffering of the most vulnerable members of US society," the letter read. It was signed by a broad array of Latin American religious communities, including leaders of the Latin American Council of Churches, the United Bible Society of Latin America, evangelical councils and alliances in Peru, Ecuador, Honduras, Argentina, Brazil, Bolivia, and Uruguay, the Fellowship of Evangelical Churches (CONELA), the Association of Reformed and Presbyterian Churches of Latin America (AIPRAL), Micah Network, Indigenous Association of Peruvian Amazonia, and the Latin American Biblical University in Costa Rica.

It was over in less than a minute. Three miles below the surface of the earth near a town in Virginia called Mineral, a fault line shifted. As a result, a 5.8 magnitude earthquake was felt from Georgia to New England and as far west as Detroit. The National Cathedral lost several stone spires, the Washington Monument cracked, and Sojourners' office was closed for the afternoon, as our building was checked for structural damage.

Tectonic plates move beneath our feet in the part of the globe that scientists refer to as the lithosphere. Over the course of a year, an average plate will move as little as 3 to 6 centimeters. The speed of their movement is 10,000 times slower than the hour hand on a clock and even slower than the rate of growth of human hair. For decades, sometimes centuries or millennia, a plate's movement might go almost entirely unnoticed. Then, in less than a minute, the world shakes and everything changes.

Brian McLaren 8-23-2011

110823-prayinTo the farmers who grow our food, the harvesters who pick it, the transporters who bring it to market, the grocers who present it, and the cooks who prepare it.

Here's the prayer we prayed at a nearby Publix grocery in the produce section on Friday:

A Prayer for Publix

Living God, you are the Creator of this beautiful and fertile world. You made sun, rain, soil, air, seed, and seasons. We praise you for the green of lettuce, the yellow of lemon, the orange of a tangerine, and especially for the bright red of a tomato. They are beautiful to our eyes, delicious to our taste buds, and nourishing to our bodies. We pray to the Lord, Lord, hear our prayer.

Eugene Cho 8-23-2011

About two years ago, Minhee and I made one of the hardest decisions we've made thus far in our marriage and in our calling as parents.

In our hope to honor a conviction of the Holy Spirit to give up a year's salary, we had begun the two-year process of saving, selling, and simplifying in 2007. Our goal was to come up with our then year's wages of $68,000 -- in order to launch One Day's Wages. With only a few months left to come up with the total sum, we were a bit short and decided to sublet our home for couple months and asked some friends if we could stay with them on their couches or their guest room.

Needless to say, it was a very humbling time.

Our instruction for ourselves and our children were very simple: Each person gets one carry-on bag for their belongings.

Troy Jackson 8-17-2011

So let me suggest that this Labor Day, the church cannot afford to perpetuate the labor movement as an unexamined challenge in our society. Debates about the role of unions are everywhere, and demand thoughtful theological discussion, consideration, and action.

This Labor Day weekend, we are challenging every congregation and faith community in Ohio and around the nation to devote a portion of your worship service to exploring a biblically informed perspective on labor. This could include part of a homily, a testimony, a time of prayer for labor members in your parish, church, or faith community, or hosting a special conversation or panel on issues of faith and labor.

Michael Nagler 8-12-2011

On Monday the Dow Jones industrial average fell 634.76 points; the sixth-worst point decline for the Dow in the last 112 years and the worst drop since December 2008. Every stock in the Standard and Poor's 500 index declined.

It is easy to blame bipartisan bickering for the impasse that led to Standard and Poor's downgrading of the American debt, and in turn the vertiginous fall of the Dow. This bickering -- this substitution of ideology for reason, of egotism for compassion and responsibility on the part of lawmakers -- is a national disgrace; but while it failed to fix the problem, we must realize that it did not cause it. The cause -- and potential for a significant renewal -- lies much deeper.

So let's allow ourselves to ask a fundamental question: what's an economy for?

Lisa Sharon Harper 8-11-2011

They say at some point in their lives great leaders experience a "dark night of the soul," or a period in life when your feet, knees, and face scrape and stick to the proverbial bottom." It is a time when even your soul feels forsaken. Ultimately, the dark night is not about the suffering that is inflicted from outside oneself, even though that could trigger it. It is about the existential suffering rooted from within. St. John of the Cross, the 16th century Carmelite priest, described it as a confrontation, or a healing and process of purification of what lies within on the journey toward union with God.

"Whenever you face trials of any kind," explained the apostle James, "consider it nothing but joy, because you know that the testing of your faith produces endurance; and let endurance have its full effect, so that you may be mature and complete, lacking in nothing." (James 1:2-4)

Andy Shallal 8-10-2011

Being a socialentrepreneur used to be a lonely endeavor. I grew up believing that to be in business meant leaving your soul at the front door -- being ruthless, shrewd, and above all focused on profitability at any cost. But as a businessman, I found myself less interested in the bottom line of profit than in the bottom line of community impact. For example, I started Busboys and Poets as a restaurant and gathering place, but also a social enterprise -- a business with a conscience -- in Washington, D.C.'s U Street neighborhood.

Having grown up in D.C., I was amazed at the dramatic changes that swept various neighborhoods in the 1990s. The U Street corridor in particular was undergoing some of the most vivid transformation.

Margaret Benefiel 8-05-2011

In Galatians 5:19-20, Paul lists the "works of the flesh," contrasting them to the "fruit of the Spirit" immediately thereafter (Gal. 5:22-23). Among the works of the flesh are hostility, quarreling, jealousy, outbursts of anger, selfish ambition, dissension, and division. Another translation puts it, "People become enemies and they fight; they become jealous, angry, and ambitious. They separate into parties and groups ... I warn you now as I have before: those who do these things will not possess the kingdom of God."