A Catholic Response To Economic Depression

Depression (n) | the condition of being less active than usual…

News reports in general for the last month are now amplified by the fall of the American stock market below the 8000 mark. A lack of consumer confidence in the marketplace, the crumbling of investment capital, the decline of the auto industry, the home mortgage foreclosure rate, and now unemployment statistics are adding up fast, and IMHO we crossed the invisible line between “recession” and “depression” sometime in October.

This will impact each of us, individually and as Catholic communities. Parishes and dioceses are reliant on their investment capital along with the rest of us, and the loss of revenues and increased demand for social services like food bank programs, Sunday meals, and emergency assistance are already being felt. We will all be asked to “step up to the plate”–the collection plate.

Am mindful there are seven corporal works of mercy out there: to feed the hungry, to give drink to the thirsty, to clothe the naked, to visit and ransom the captives, to harbor the harborless, to visit the sick, to bury the dead. How shall we redirect Catholic action in response to the needs of the time?

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