Moral Contradictions

Monday, June 19, 2006

Moral economics

In my mind, something more pressing than gay marriage is the ton of debt assumed by many Americans. Ethics Daily has a great article written by Jim Evans regarding the Payday loan industry and how churches can potentially address this issue.

Outside of home mortgages, Americans owe over $2 trillion. I'm no economist, but that's a lot of money.

I believe Evans handles the issue in a fair way, acknowledging that many folks have put themselves on the edge of financial ruin through compulsive spending. Yet, there are folks who, for whatever reason, are just hanging on.

Instead of charging exorbiant fees, we as Christians, if we truly desire to emulate Christ in today's world, should work toward a multi-pronged approach to help combat debt.

Church seminars advertised toward the community may be a good step.

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