Frankly, I am not surprised. Bernest Ernstein once told me ‘When you see the Fish, hold on to your wallet.’ The Catholic Church is the richest institution on the planet. Think about it…
I’m not real sure what to say about this…maybe you guys have some thoughts…
btw the winking jesus is from soulcancer.com
WASHINGTON (Reuters) – Attending religious services may enrich the soul, but it also fattens the wallet, according to research released on Tuesday.
“Doubling the frequency of attendance leads to a 9.1 percent increase in household income, or a rise of 5.5 percent as a fraction of the poverty scale,” Jonathan Gruber of the economics department at Massachusetts Institute of Technology wrote in his study.
“Those with more faith may be less ‘stressed out’ about daily problems that impede success in the labor market and the marriage market, and therefore are more successful,” Gruber wrote in the study, which was released by the National Bureau of Economic Research.
Living in a community with complementary ethnic groups that share the same religion increases the frequency of going to a house of worship, he said in the paper titled “Religious Market Structure, Religious Participation, and Outcomes: Is Religion Good for You?”
Such visits correlate to higher levels of education and income, lower levels of welfare receipt and disability, higher levels of marriage and lower levels of divorce, the study said.
Gruber says he focused on non-Hispanic whites aged 25 or older because “there is very strong evidence of racial segregation in church-going, so that the density of Hispanics or non-whites in a religion in some area is not likely to be relevant for the religious participation of whites in that area.”
Gruber divided the individuals into seven groups: Catholics, Jews, Liberal Protestants, Moderate Protestants, Conservative Protestants, other and none.
