In today’s Acton Commentary, “Debt and the Birth Dearth,” I examine the interrelationship between demographics, economics, and morality, especially within the context of America’s current public debt crisis.
I conclude by pointing to the spiritual nature of our “debts”:
Thrift almost seems like a lost virtue among much of our governing class. It is also true of the general population. We don’t have to just look at our staggering public debt, but consumer credit card debt tells the story too. In a past post on the virtue of thrift, Jordan Ballor reminds us that “thrift is one of the things that separates civilized capitalism from savage consumerism.”
Last night Gideon Strauss of the Center for Public Justice was generous enough to join us for a public discussion of the recently-released document, “A Call for Intergenerational Justice: A Christian Proposal for the American Debt Crisis.” This document has occasioned a good deal of reflection here at the PowerBlog, and Gideon took the time to engage this reflection, introducing the context of the Call and answering questions about it. Gideon got to chide me for not signing the document and I got to elaborate a bit on why I have chosen not to affix my imprimatur.
Read more on A Discussion of ‘A Call for Intergenerational Justice’…
Just a reminder that tonight, March 10, the Acton Institute is hosting an Open Mic Night where a discussion of opposing views on America’s Debt Crisis and A Call for Intergenerational Justice: A Christian Proposal on the American Debt Crisis will occur. Acton Institute research fellow Jordan Ballor will be joined by Dr. Gideon Strauss, CEO of the Center for Public Justice which helped issue “A Call for Intergenerational Justice: A Christian Proposal on the American Debt Crisis.” Please join us tonight for a vigorous discussion. As always questions from those in attendance is welcomed and encouraged. The event will be taking place at the Derby Station (2237 Wealth St SE, East Grand Rapids 49506). Seating begins at 6:00 pm and the discussion starts at 6:30 pm.
One of the main points of the “What Would Jesus Cut?” campaign is the pitting of defense spending against charitable social programs. The assumption is that Jesus would obviously endorse and campaign for the welfare state over the military. A common perception of the U.S. armed forces by many of the religious left is that they are the perfect embodiment of America as “corrupt empire.”
Read more on Does Shane Claiborne Care about Military Humanitarian Aid?…
Writing for the Huffington Post, Shane Claiborne is also asking “What Would Jesus Cut?” I’m still opposed to the whole notion of reducing Christ to budget director, as my earlier post points out. But Jesus as Secretary of Defense of the United States or rather, Jesus as secretary of peace as proposed by Congressman Dennis Kucinich is equally unhelpful. Mark Tooley, president of IRD, has already weighed in on Shane Claiborne’s not so brilliant drafting of Jesus for president.
Last week’s issuance of “A Call for Intergenerational Justice: A Christian Proposal on the American Debt Crisis” has occasioned a good bit of discussion on the topic, both here at the PowerBlog and around various other blogs and social media sites.
It has been interesting to see the reaction that my comments about the Call have generated. Many have said that I simply misunderstood or misread the document. I have taken the time to reread the document and do some reassessment of the entire debate. Unfortunately this has raised more questions than answers for me thus far.
Gideon Strauss, CEO of the Center for Public Justice, has kindly offered to help us sort out some of these concerns. He’s in Grand Rapids later this week and has generously agreed to a public discussion in an open mic, informal setting we’re calling, “Opposing Views: America’s Debt Crisis and ‘A Call for Intergenerational Justice.’”
Details are below and at the Facebook event page. We plan to record the event and make it available for those who aren’t able to join us. But if you are, come along and bring your questions.
Read more on Opposing Views: America’s Debt Crisis and ‘A Call for Intergenerational Justice’…
Budget battles have heated up recently throughout the United States, and President Obama’s budget proposal has not been exempted from the intense discussion.
The current proposal by the President pushes our national debt to $15.476 trillion or 102.6 percent of our GDP. Furthermore, there are no cuts to entitlement spending which consist of 57 percent of the spending in the budget, or approximately $2.14 trillion.
I introduced this week’s Acton Commentary yesterday with some thoughts about “The Audacity of Austerity.” In today’s “‘A’ for Austerity: The New Scarlet Letter,” I take to task the attitude embodied by Paul Krugman’s vilification of proponents of austerity measures.
Until recently, many thought that Europe had escaped the worst of the 2008 financial crisis. Some even argued that the crisis has demonstrated the European social model’s superiority over “Anglo-Saxon capitalism”. In 2010, however, we have seen an entire country bailed out, riots in Athens, governments slashing budgets, and several European nations staring sovereign debt default in the face. Some are even claiming that the euro is finished. So what went wrong for Europe? How adequate have been the responses of European governments? And what are the consequences for America? The video is from the Aug. 2 Acton Lecture Series in Grand Rapids, Mich.
Read more on Video: Samuel Gregg on Europe’s Economic Crisis…
