Turning a Culture of Debt into a Culture of Thrift
John Hall, Associated Baptist Press, 4/12/2010
Taking chances and borrowing money is as much a part of American culture as the Protestant work ethic, said David Blankenhorn, president of the Institute for American Values... Comparing it to "grandma's famous elixir," Blankenhorn said only a societal ethic of thrift can turn the nation back to its saving ways. Churches are key to that effort because they are the "custodians of the stewardship ethic."