We’re in the Money!” announces the cover of Christianity Today (June 12). “How Did Evangelicals Get So Wealthy, and What Has It Done to Us?” the subhead asks. Michael S. Hamilton’s lead article defines the “us” as the parachurch organizations which, by Hamilton’s estimate, have combined budgets of $22 billion. Both he and, in another article, John Stackhouse Jr.
The Presbyterian Church (U.S.A.) and the Evangelical Lutheran Church in America both have slashed their 2009 budgets, cutting programs and laying off scores of personnel as denominations continue to suffer from the recession.
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