Monday, October 29, 2012

So What’s The Bible Tell Us About Our Deficit?


By John Sykes

Over 1/6th of the Bible deals with economics. For this post I simply want to look at what He tells us about our deficit and how it’s financed.



Deuteronomy 15:6 (NIV): For the Lord your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.

This seems pretty clear. We are blessed with all the Lord has given us. Lend to but don’t borrow from other nations. The “You will lend to many nations…” scripture actually is repeated word for word in Deu 28:12!

If we do borrow, we will lose control of our economy and thereby our futures. We will be the tail, not the head.

Deuteronomy 28:43-44 (NIV): The foreigners who reside among you will rise above you higher and higher, but you will sink lower and lower. [44] They will lend to you, but you will not lend to them. They will be the head, but you will be the tail.

(This instruction is borrowed from and far more on the economy is brilliantly offered by Dr. Larry Thompson in his sermon Jesus For President – Economy at 25:00.)

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