Could the economic downturn kill Jewish innovation?

Are we looking towards a low period for Jewish innovation? And just when things were getting so good out there.  Regardless, I'm sure  the people that care will continue to put their effort to making great things happen, even if they have to down-scale.

But what does this mean for our Birth-right generation? The Heebster generation?

From The Wisconian Jewish Chronicle:

"The past decade has seen a groundswell of innovative Jewish nonprofits — from the birth of a Jewish pop culture magazine, Heeb, to the creation of a slew of trailblazing Jewish social service organizations, to an array of projects that allow Jews to express their Judaism through ways other than the prayer book.

But as these initiatives reach adolescence and eye expansion, the spiraling economy and financial crisis threatens to stunt their growth and thwart the next generation of startups from even getting off the ground."

JTA's Fundermentalist TV also Investigates!