ITEMS OF INTEREST December 17, 2007 Issue

ITEMS OF INTEREST

with contributions from Howard Dayton, Zeynep Pamuk, Mary Jordan

FEAR OF THE FUTURE can cause families to forfeit the blessings of God, because they base decisions on the latest headline or stock market report. Too often, Christians give little thought to God's ability to take care of them....

The US economic slowdown has the financial well-being of many Americans hanging in the balance. They worry about not having enough money to pay normal monthly bills, and the rash of recent mortgage defaults has devastated many families. Many Americans live so close to the edge financially that a prolonged economic downturn could put them in serious financial straits.

Despite all this, and even though many are very concerned about the financial future, consumer spending has not dropped proportionately. Actually, there has been very little change in the percentage of their income that Americans spend.

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