Once again, if Congress doesn’t approve raising the nation’s debt ceiling, there may be consequences that could affect the global economy. If Congress does approve it, the U.S. is simply brought closer to the edge when there will be no way for it to pay its debts, as has been the case in all but four years since 1970! In 2010 alone, we borrowed more than the entire GDP of Canada or India, just to pay the bills for things we had already consumed or committed to.
God’s people must be concerned about this coming catastrophe – for our own families, our jobs, our churches and congregations. Let us humble ourselves and cry out to God, asking Him to restore prudent leaders to our land so His Church can yet be the salt and light in our nation and to the world!