In an interesting new twist on how to handle the current spiraling debt and economic meltdown the Archbishop of Canterbury, Dr Rowan Williams, has seen fit to put in his twopennyworth by questioning the Government’s attempts to stimulate spending as a way to stem the recession we find ourselves in.
He apparently believes that the credit crunch is a ‘welcome’ reality call (I’m not sure that the hundreds of thousands of people who have found themselves struggling with their debts and having to take out Debt Management Programmes or Individual Voluntary Arrangements or even Bankruptcy would agree with his use of the word ‘welcome’!). He says that it is a wake up call to the fact that we have spent too much time and effort on financial speculation instead of ‘making things’, that spending our way out of the downturn is like ‘the addict returning to the drug’, and that to build sustainable wealth we need patience.
To be fair he did admit that it is ‘suicidally silly’ to try to give the Government advice as he ‘is not an economist by any stretch of the imagination’, but what I would like to know is this:-
As he is the Archbishop of Canterbury, Prelate of the Anglican Church, how come there is no mention anywhere of his praying for guidance on the subject?
