Posted by: morgan1965 | October 17, 2009

Let’s Talk Economics

The United States and the nations of the world are traveling through some extremely difficult economic times. We witness the loss of jobs and thousands of home foreclosures. There are some economists who now say that they believe the recession is starting to abate slowly. There is not unanimous agreement on this matter, so the pundits continue to engage in their unscientific forecasts.

Each day the media engages in discussions about the economic situation. Many of these debates are between Democrats and Republicans, and conservatives and liberals. Somewhere in the middle, we might here from a few moderates. So the debates rage on a daily basis.

It is rare, if ever, that I hear a spokesperson from the religious community included in the media debates. Does not the religious community have anything to say on economic matters?

The United Methodist Church has made a cogent statement about the economic community that is well worth our consideration [‘The United Methodist Book of Discipline 2008,” page 118]. Please give the following statement a careful reading:

We claim all economic systems to be under the judgment of God no less than other facets of the created order. Therefore, we recognize the responsibility of governments to develop and implement sound fiscal and monetary policies that provide for the economic life of individuals and corporate entities and that ensure full employment and adequate incomes with a minimum of inflation. We believe private and public economic enterprises are responsible for the social costs of doing business, such as employment and environmental pollution, and that they should be held accountable for these costs. We support measures that would reduce the concentration of wealth in the hands of a few. We further support efforts to revise tax structures and to eliminate governmental support programs that now benefit the wealthy at the expense of other persons.

This statement is based on the Bible and the teachings of Jesus, who challenges us to care for our brothers and sisters.

You might want to share this United Methodist statement with your local congregation.

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