Torch, Spring/Summer 2009

18 TORCH | Spring–Summer 2009 to individuals. Congress responds to the people doing the loudest asking, and in this scenario that translates to connected interests, not to the regular person who may be in the greatest need. Americans’ consumerism has played a role in the current economic downturn. What can be done to reverse our consumer outlook toward a stewardship mentality? The press frequently mentions how important U.S. consumers are to the world economies. Many countries and businesses need these consumers to continue to buy their products. Unfortunately, U.S. consumers have relied largely on credit for their purchases. Personal savings rates in the U.S. are low to nonexistent, indicating that consumers are not saving for the future but borrowing from the future to buy things in the present. The word “consume” can mean to use up, to devour, to spend, or to do away with completely. In examining these definitions, the notion of stewardship as “managing for another” seems to be a better calling for Christians. The effect of a national shift toward saving rather than spending is difficult to predict. But a more prudent use of credit — and some delayed gratification — would provide a more stable economy in the long term. As the government attempts to reduce or eliminate the effects of the financial crisis, what practical steps can the everyday citizen take in the process? Reducing debt might well be the best investment option for many at this time — and it’s virtually risk-free! The current economic turbulence is a good reminder that wealth maximization should never be an unconstrained objective in the corporate environment or in our private lives. Additionally, these times reinforce the biblical responsibility that we have to live within our means and resist the temptation to become overextended. T ALEX SLOBODKIN / ISTOCKPHOTO