What kind of business did Elizabeth Smart’s father own and run? They had a very large beautiful house and five children. Where did the money come from for that house?
I have another theory and I live a million miles away from Utah’s Mormon land. My theory is that Mormons are a positive thinking and optimistic lot wearing rose colored glasses. They feel their spirituality will help them be prosperous and triumph over business problems. This only worked great during the bubble years when the rising tide of easy money lifted all boats
What you have to do is check out is exactly what kinds of businesses are Mormons involved in, in Utah. My guess is plenty of them were service businesses and many of them were ridiculous businesses that cannot flourish without an economic bubble. Such as— You were a mortgage broker making $300,000 a year and now you have no job at all for obvious reasons
I don’t know what kind of business he ran, but it’s certainly true that this seems to be a mostly service business oriented state. As well as a right to work state.
Another thing I’ve noticed is a lot of multi-level marketing things (I think that is the right terminology for them). I never got involved with those myself because, as someone new to the area, I was network-less!