I’ve been thinking and listening about the current economic crisis a lot recently – it’s actually pretty hard to get away from it. The television news is all over it and you can’t get away from it on talk radio – so it’s constantly rattling around in my brain.
For the most part of my life I have not followed, or cared too much about business or economic news. For all I knew is that I lived in America and that we were prosperous as a nation and a people (monetarily speaking), and most of us in the younger generations have not really had to weather any major storms from a national standpoint.
My generation has never been asked to enlist (though I have a few friends now whom I DEEPLY respect for serving honorably – thank you), or sacrifice our lifestyles for the betterment of the whole nation and other people. We all have had grandparents, or parents for that matter, who went through the depression and experienced great economic hardship so much so that it continues to impact their decisions today. Take for instance my grandmother, super intelligent lady who doesn’t keep money in a bank. She was around in the depression, saw it’s impact on her family and has since never trusted banks. It was always fun going over to her house as a kid because it was like one gigantic treasure hunt – she stashed her cash all over the house in different places – and still does for that matter! Now with this new economic failure, I am beginning to understand her greatest fear.
But still…for the most part…my generation is very different than my grandmothers generation. I have grown up in unheralded prosperity (yes…if you have a home, apartment, roof over your head, clean drinking water, access to food to eat, and your poop goes down through a toilet to some pipes – you are prosperous compared to most of the world) and have not had to sacrifice much. This is not to say that no one has made sacrifices, but for the most part we have been able to freely live the lifestyle we want…uninterrupted.
But it’s going to be interesting to see how these new times are going to effect us because times are changing for us as a nation and as a people.
I came across a post over at the Texas Startup Blog last night and it had a great post, “Get ready for mass business failures!”
Who is to blame? We are – i.e. you and me. We borrow too much! 43% of us spend more money each year than we make! First, we all spent too much money on houses, cars and consumer goods that we can’t afford. In the 1970s the average size home was 1,400 square feet, today the average is over 2,300 square feet. Are we that much bigger? Today we MUST have a phone, DSL connection, cell phone (maybe two), TIVO, cable TV and so on. All those services come with a monthly recurring cost – a cost we can’t really afford. We are a mess. Of course, lots of us are trying to blame Congress or Wall Street. Sure blame away, but at the end of the day the buck stops with you and me.
I think Alexander is right on. We want to blame everyone else around us, especially entities like big government entities and corporations, but to actually turn the mirror around and look at ourselves – I’m afraid that would be too painful. What makes it worse for me is the mud throwing between republicans and democrats (especially those claiming to be Christians) sending those absurd emails and youtube videos about how McCain woulda stopped all this and it’s the democrats fault, just stop it…it’s not helping.
We are the ones that while pursuing the “American Dream” continued to consume and consume until it finally turned in on us. I am as guilty as the government and corporations. I have taken out loans for things I consider to be “good” things, “needed” things (car, undergraduate school, and a house) – to which none of those things are bad – but the feeling that I need this or that to be complete is. I mean stop and think about our consumption. We find something that we like and we convince ourselves of the need for it, whether we can afford it or not. It just doesn’t really make sense on paper but somehow we have made the connection in our head that our lives will be substantially better, or worse incomplete, without it.
It’s comforting in an odd sort of way when I begin to look at life through my cultural window how Scripture just seemingly pops into my head. When I began to think about the current situation, these passages bring me comfort and hopefully will bring you comfort as well. On the other hand, I think the fact that knowing these passages bring me contentment makes me realize how twisted and backwards my understanding and reliance upon money has really become.
Matthew 6 is a great passage, and I don’t think its a coincidence that money and worry are coupled together. In the text, Jesus says,
19″Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. 20But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. 21For where your treasure is, there your heart will be also.
22″The eye is the lamp of the body. If your eyes are good, your whole body will be full of light. 23But if your eyes are bad, your whole body will be full of darkness. If then the light within you is darkness, how great is that darkness!
24″No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money.
Do Not Worry
25″Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more important than food, and the body more important than clothes? 26Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? 27Who of you by worrying can add a single hour to his life[b]?
28″And why do you worry about clothes? See how the lilies of the field grow. They do not labor or spin. 29Yet I tell you that not even Solomon in all his splendor was dressed like one of these. 30If that is how God clothes the grass of the field, which is here today and tomorrow is thrown into the fire, will he not much more clothe you, O you of little faith? 31So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ 32For the pagans run after all these things, and your heavenly Father knows that you need them. 33But seek first his kingdom and his righteousness, and all these things will be given to you as well. 34Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.
I think this passage gives us a fitting reminder of what Christ is all about. Our desires should not bet to store up treasure here but there. The thrust of it all is that there is WAY, WAY, WAY more to life than a nice big house, a nice cool car, cool clothes, eating out, and keeping up with each other (yes CHRISTIANS do it!). When we begin to store things up on earth it can only create dependence on those things, as well as worry as Christ says, that those things may or may not deliver.
So maybe as hard as the financial crises may be and the aftermath that may take place – maybe it is a good thing. Maybe it is a return to a simpler, and probably freer life, along with a deeper understanding of just how well off we are.