Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, December 17, 2008

A Deeply Worried Place

The headline on the “Money” section (section B) of Tuesday’s USA Today reads “Poll: USA’s a deeply worried place”. The subtitle of the article, written by John Waggoner, was “79% of those asked fear nation in for a depression”. The remainder of the article goes downhill from there. One paragraph discusses the impact of the economy on retirement:

“Another 62% said they were worried about having enough money for retirement. ‘For those of us getting closer to retirement, the stress level has increased dramatically because we have seen huge losses in our home values and our 401(k)/IRA balances’…”.


Well, I never think much about retirement since I don’t ever see myself doing so. Oh, I may change jobs or doing something less demanding that my present occupation but retiring? I just can’t seem to find that concept in the Scripture. As I read God’s Word, my retirement begins the day I find myself in glory with the Lord.

Be that as it may, my “worry” for our nation is not in its economic condition. Yes, the economy is bad when compared to the past few years. But what greatly concerns me about the United States may be found elsewhere in the same USA Today. Note some of the stories covered by Tuesday’s paper.

“The impeachment process begins for Illinois governor”
“Shoe thrower called hero, ‘hothead’”
“Vegas bets on its ties to Mob”
“Sect leader convicted of sex crime”
“Probe continues in Palin church fire”
“Relatives of toddler await word on remains”
“American security expert kidnapped in Mexico”

Unrighteousness abounds even in the good, old United States. The economic depression pales in comparison to spiritual depression our nation is in. Unfortunately (although Providentially!), our future looks no better. The Obama administration has publically made statements indicating our nation is headed toward more unrighteousness, especially in the realm of killing unborn children.

Perhaps part of our economic turmoil is the result of God’s judgment upon our nation for our growing wickedness. But, the bottom line is clear: America is in a spiritual depression and needs a mighty revival from God. Scripture says “Blessed is the nation whose God is the Lord” (Psalm 33:12). Let’s face facts; our nation no longer considers its God to be the Lord. If it has a god, it is the god of secularism, materialism, “me-ism”.

Those of us who truly know Jesus as our Lord and our nation’s Lord need to pray earnestly and continually for God to send a revival through our churches and across this land. The United States will never regain its place in the world as a “city on a hill” until it turns from its sin. For God has said, “Righteousness exalteth a nation: but sin is a reproach to any people” (Proverbs 14:34).

May God have mercy on each of us and upon our nation.

Friday, October 3, 2008

Economic Crisis

The United States House of Representatives approved a "bail out" bill today ending a fierce debate in our nation's captial over the past two weeks. I use the word "ending" quite loosely for the economic problems of our country are far from over. Personally, I was against such a "bail out" and had asked my representatives to oppose it. Nevertheless, both houses of Congress have approved the bill. No matter who is elected the next President, they will inherit quite a mess.

I briefly chatted with a work associate this week. He has been looking forward to retiring in a couple of years. Like most of us, his retirement package has been hammered hard by the activity on Wall Street these past two weeks. He told me he had cashed out his stock, taking quite a loss in the process. But he feared the entire economy was about to crash and decided to get what he could on the deal. Since I am no economic expert, I have left my investments alone. I'm certain that was probably not very wise but I decided just to ride this out.

My family is not wealthy despite the good salary I make. Raising my children and trying to provide for my family without being a complete Scrooge consumes lots of my funds. Also, contributing to the work of our local church as well as various missionary ventures requires significant investments. So, I have never considered retiring from working until the Lord makes it impossible for me to work. I am not complaining, just stating the facts. Accumulating money for retirement has never been a priority in my life. We are not wealthy and likely never will be.

So, in the midst of such turmoil as we have seen this month, it is easy to get caught up in the world's view of the situation and panic about our future. At times like these, we need to return to God's Word. Listen to Paul's Word in 1 Timothy 6.

Perverse disputings of men of corrupt minds, and destitute of the truth, supposing that gain is godliness: from such withdraw thyself. But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness. (1 Timothy 6:5-11)

Being rich is not necessary evil. Loving one's riches and living for them is.

Let us be satisfied with what the Lord has given us and make certain our number one goal in life is to glorify Him.