Not only were these religious figures and the institutions they led hyper-political, the outward mission seemed to be almost exclusively in service of oppressing others. The early Aughts saw the rise of megachurches with flashily dressed ministers who appeared more interested in money and sermonizing about people's sex lives than modeling values of charity and humility. Bush was elected president, publicly and dramatically associating himself with the white evangelical movement. The drop in religious affiliation starts right around the time George W. was largely unaffected by the increasing secularization of many European countries, but that started to change dramatically at the turn of the 21st century. Want more Amanda Marcotte on politics? Subscribe to her newsletter Standing Room Only.īlame the religious right. So clearly, what we're seeing is a dramatic increase in the kinds of folks who would say something akin to, "I'm spiritual, but not big on organized religion." A 2017 Gallup poll finds that 87% of Americans say they believe in God. The percentage of Americans who identify as atheist (4%) or agnostic (5%) has risen slightly, but not even close to enough to account for the number of people who claim no religious affiliation. It is not, however, because of some great atheist revival across the land, with Americans suddenly burying themselves in the philosophical discourse about the unlikeliness of the existence of a higher power. But since then, the church membership rate has fallen by a whopping 23 percentage points. In 1937, 73% of Americans belong to a church. Since Gallup started recording these numbers decades ago, church membership rates were relatively steady, with only the smallest decline over the decades. According to a new Gallup poll released this week, only 47% of Americans polled in 2020 belong to a house of worship, which is the first time that number has fallen below half of the country since they started polling Americans on this question.īut what's really interesting is that the collapse in church membership has happened mostly over the past two decades. ET, and San Francisco Fed President John Williams is expected to speak at the University of San Francisco in the evening.The trend of Americans exiting the pews, never to return, has been steady for some years now and shows no signs of slowing down. On Wednesday, two Fed officials are penciled in to make speeches, with Minneapolis Fed President Neel Kashkari set to speak at 1.30 p.m. election begins to settle down, the Federal Reserve will be back on the mind of investors, with the world wondering whether the central bank will choose to raise interest rates this year. The sank more than 5 percent, while Chinese markets also ended in negative territory. ET, the pan-European STOXX 600 fell 1.25 percent, while Asia-Pacific indexes finished in the red overnight. Markets across the globe are seeing red, with European stocks tumbling during its morning trade.
Traders on Wall Street aren't the only ones jolted.
Meanwhile gold jumped almost 5 percent on Wednesday as investors sought safe havens, marking its biggest single-day increase since June when the U.K. WTI and Brent both trading in the red at $44.38 and $45.50 respectively, as of 3.25 a.m. Looking to commodities, crude futures sank on election jitters on Wednesday with U.S.
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