America the charitable: A few surprises

[Target_For_Exterm]

"It's well known that Americans lead the world in philanthropy. But those making $20,000 or less give away more, as a share of their income, than do higher income groups.

Everybody knows Americans are big givers. But their charitable impulses keep generating surprises.

Consider just a few conclusions from recent research:

Charitable giving plays a bigger role in the economy than is suggested by some $260 billion in annual contributions. Each dollar of giving appears to create $19 of extra national income, according to a new book.

Demand for nonprofit services gets proportionately bigger, not smaller, as a locality's income rises, a Federal Reserve economist finds."

http://articles.moneycentral.msn.com/News/SurprisingResearchOnCharitableGiving.aspx?page=1

I find some of the conclusions in this article suspect. Conservatives give more $$$ to charity? :shrug: But what charity?

What I find interesting is that charitable dollars have a positive effect on the economy. Then, doesn't it make sense that programs like Social Security and social services are also good for the economy? Doesn't cutting them cause problems for the economy?

I find some of the information in this article to be interesting. Perhaps by making the poor and unfortunate suffer, we're making society as a whole suffer.

[lakeguy]

1. crap article....

based on national income, we are ranked at the BOTTOM for wealthy countries.

http://www.boston.com/news/world/asia/articles/2004/12/31/global_analysts_dispute_perceived_us_generosity/?page=2

[gumby]

2. The Great Oz of right-wing "charities"

includes everything from Grover Norquist to Paul Wyrich. Pull back the curtain.

[AndyTiedye]

3. Includes All The Money The TV Evangelists Take In