Just a year after economists say the “Great Recession” ended, instability and market crisis are rearing their ugly heads again. For the Jewish community, the ongoing economic turmoil may again threaten many of our institutions that depend on philanthropic support to sustain us culturally, spiritually, and — often — physically. However, as the Jewish community enters a new period of financial uncertainty, we need to recognize that going into “crisis mode” misses the opportunity to learn important lessons and make real strategic changes.
The roller-coaster stock market, debt ceiling battle and credit rating debacle all point to another economic crisis. But is it?...
