I spent an evening attending my local parish’s financial report with specific interest as to the continued operation of the parish school. It appears that there is a financial shortfall for the school which is heavily subsidized by the church.
I mentioned to the pastor what Peter Drucker stated in his seminal work – Innovation and Entrepreneurship – regarding demographic shifts – an aging population, smaller family sizes, less weddings, more funerals, and fewer baptisms, and how this has precipitated the financial crisis, and not insufficient religious worship (and tithings).
