UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review has been on the web since 1995. See main page for full contents

August 11, 2009

FISCAL CRISIS HITS BOTH FAITH AND WORKS

Tom Benning, Wall Street Journal - Across the country, congregations of all sizes and denominations are struggling with issues of faith and finance as the recession grinds on. Churches are scouring their budgets for wasteful spending. And many have taken the unusual step of reducing staff.

While the collection plate no longer overflows, churches are seeing an increase in requests for support -- be it for spiritual guidance, monetary help or career advice. And religious leaders have the added task of explaining job losses and pay cuts in spiritual terms.

Churches, synagogues and mosques have historically fared reasonably well during recessions, even as other institutions struggled. But the magnitude of the current downturn has caught up with places of worship, too.

Richard Klopp, associate director of the Lake Institute on Faith and Giving at Indiana University, said the economic climate for religious organizations is the worst in at least 30 years, forcing membership drives and construction projects to take a back seat to balancing the budget. . .

A handful of churches across the country have faced foreclosure, and in places like Michigan, the cash crunch has been especially severe. . .

1 Comments:

Blogger a.b. said...

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August 13, 2009 5:50 AM  

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