It Was the Worst of Times – It Was the Best of Times

Something amazing is happening all around us. As one of the worst economic downturns in history struck this nation last year, the nation has responded not by crumbling under the strain, but by downsizing, reprioritizing and reassessing their values. The results – a nation that saves more, spends less on things they don’t need, while remarkably has continued to give to charity.

That’s amazing and almost too hard to believe, if it weren’t true. And what it says about human nature is nothing less than extraordinary.

Here are the facts. Amidst an economy that saw housing values in many areas drop in half, an unemployment rate that nearly doubled and 54% of human services charities report a rise in human services requests, it was no doubt that people are hurting. We have all felt the hit in one way shape or form.

Yet look at some of these surprising effects.

The Gallup-Healthways Well-Being Index – a Gallup poll that rates how Americans feel about the quality of their lives actually went up since last June.

Another Gallup poll shows that Americans have not only cut back on their expenses because of these tough times, something that you would obviously expect, but that that they have come to terms with their new budgets and aren’t that worried anymore. In other words, they have changed their expectations of what they want and they need.

The study showed that 71% saying they are cutting back on their spending and 88% saying they are watching their spending very closely.

But the result of that is that 78% of Americans now say they have enough money to satisfy their basic needs.

That brings up two points in my slightly twisted reality; one is that the situation is not quite as dire as some would have us believe. But secondly, that Americans have a pretty amazing ability to adapt, especially when they realize what and who is important in their lives. And this crisis has apparently helped us to do that.

And that brings me to my third amazing realization – giving.

Despite all the hardships that occurred over the last year, the total amount of charitable giving in the United States exceeded $300 billion for the second year in a row in 2008, according to Giving USA 2009. Donations reached an estimated $307.65 billion in 2008.

Now admittedly and significantly that was a 2 percent drop over 2007, but considering that the economic climate was reduced by a whole lot more, that’s pretty amazing reorganizing and reprioritizing. A caveat to that number is that religious donations soared to $106.89 billion – an increase of an estimated 5.5 percent.

Now let me throw in one more little interesting study for good measure The latest Gallup Values and Beliefs Poll, conducted annually each May, this year found the number of people who say that the moral values of America are getting better to have increased – in fact it doubled since the beginning of the year.

Christ once said that money was the root to all evil. Discussions of the meaning of that phrase about in theological circles, but generally it is believed to mean that the vicious and unrestrained pursuit of money at all costs lead down the primrose path.

So maybe an economy that forces us to slow down in that pursuit and reevaluat what we ant and need isn’t such a bad thing.

That doenst mean that we shouldn’t keep trying to improve, but that maybe fixing our economy isn’t as necessary as fixing our values.

After all if we all can whether this much of an economic hit and still be ok, maybe are perceptions of what we needed weren’t so clear in the first place.

But maybe they will be a whole lot clearer because of it.

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August 9, 2009 · Posted in Culture and Values, Economy, Faith and Inspiration  
    

Comments

One Response to “It Was the Worst of Times – It Was the Best of Times”

  1. Mary Ann Taber on August 24th, 2009 9:42 am

    Hello! Chris,
    I’m pleased to have met you through your writings in The Catholic Sun.
    I enjoyed the touching story about your mom. You were a good son to her.
    I have found you for a reason. I, too, am dealing with two loved ones with
    serious health problems. I struggle not being with my daughter out-of-state and I am being judged for being a bad mother which is very hurtful. I’ve turned it over in prayer. Thank you for listening. I’ll continue to follow you in the paper. I’m hoping that “I will wake up one day to see the light.”
    Sincerely,
    Mary Ann

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