America is trudging through an economic crisis as is most of the world. Our government has lived beyond its means and we have a national debt that we can no longer pretend will just evaporate on its own. This week we reached $16 trillion in government debt and we have no idea how far it will grow or how to stop it. Think about all the wasted money that goes towards paying the interest on that debt each year. It is estimated that the US will pay $5 Trillion in interest on that debt over the next decade. Debt never sleeps, it just eats away at our prosperity and drains all possibility of actually getting ahead and being a great nation again. It was an alarming sign when the special debt commission Obama put together came back and said they had failed to come up with any solutions that could be agreed upon to solving the crisis. Federal chairman Ben Bernanke can try all he likes to postpone the fall, but it will only come harder as we play more games that only ensure collapse.
Alongside the debt, we are facing many other economic distresses in our country. We have had higher unemployment than we have seen in a long time. Inflation such as with gas prices can really set a person back. Wage deflation is happening as companies fire and replace workers with cheaper labor. A lot of people are under water with their mortgages. Many people are fearful about losing their jobs. Students graduating from college can’t get jobs.
We heard from the Republicans at their convention where they actually had the real-time debt clock ticking away for all to see. They said they will take hard measures to get spending under control and reach a balanced budget. The Democrats hold their convention this week and are sure to be full of promises. Do we really trust our politicians to get us out of this mess? Even if you have one or two in office that really do know what is necessary to do, we really have no hope for getting anything done because of the way Washington breaks down along party lines. Politicians in Washington refuse to ever cooperate to solve the problems together.
I propose we take a step back and really think about how we as a country got off track in the first place and face what is fundamentally going wrong that is pushing our country to the brink of collapse. Our country is falling apart for one reason and one reason only. The real reason for our demise is our turning away from God. We have sinned as a nation and need to turn to God for forgiveness and help. In doing that we can gain the blessings of God and become a great nation again. We cannot fix our countries debt and financial crisis by Wall Street wizardry, White House bail outs, congressional oversight committees, mere spending cuts or higher taxation.
The key to prosperity comes from keeping God’s commandments and worshiping Him. That is the only way we will ever turn around the economic crisis we are in. America has had a Declaration of Independence, and we now need a Declaration of Dependence. Dependence on God. George Washington said it was in vain for us to hope for prosperity as a nation if we left out religion and morality.
“Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim the tribute of patriotism, who should labor to subvert these great pillars of human happiness, these firmest props of the duties of men and citizens.” – George Washington
In the Bible when Jonah was preaching to the city of Nineveh he told them of their impending destruction. Johan 3:5 tells us “So the people of Nineveh believed God, and proclaimed a fast, and put on sackcloth, from the greatest of them even to the least of them.”. God’s mercy came to them and they were spared. We in America are under a special charge as revealed in the Book of Mormon.
“Inasmuch as ye shall keep my commandments ye shall prosper in the land; but inasmuch as ye will not keep my commandments ye shall be cut off from my presence.” - 2 Nephi 1:20
We find rampant a worldliness that leads masses to idolize the indecent and seek for riches and self-destruction. We can pack stadiums with tens of thousands of fans and have millions watch on TV our idolized athletic heroes, and yet find just a handful of people to attended a church worship service or render relief to the needy of the nation. America is ripe in iniquity. Today we have faithlessness, mocking of God, immorality, dishonesty, pride and greed. Our only hope for being saved from destruction is to have government and the citizens of America seeking to repent and find every commandment that we are breaking and stop and start keep the them. Bring back the open dependence on God in prayer for his saving us through sending His son Jesus Christ into the world as a sacrifice. This is the only sure budgetary plan that this country should be considering in this crucial hour.