Monday, July 21, 2008

Economics # 2 (Just some more preparatory thoughts)

It is time for lesson 2, so hopefully all of my readers have brushed up a little on what economics is and or does.

When considering the Economics of America, which is without a doubt the greatest and most successful nations in the history of the world, what exactly makes us successful?

Why are we considered the richest nation on the planet? (Even though we are now the world’s largest debtor)

The United States remains an industrial power, with chemical products the leading manufacturing field. The United States is the third largest producer of oil in the world. It is the world's number one producer of electrical and nuclear energy, as well as liquid natural gas, sulfur, phosphates, and salt. While agriculture accounts for just less than 1% of GDP, the United States is the world's top producer of corn and soybeans.

The country's leading cash crop is marijuana, despite federal laws making its cultivation and sale illegal.

The New York Stock Exchange is the world's largest by dollar volume. Coca-Cola and McDonald's are the two most recognized brands in the world. As American’s, it is vital that we examine the source of all of our prosperity.

We must understand that Almighty God –Jehovah, sovereign creator, is the source of our blessings and prosperity.

On the faith of the founders, God developed through His divine providence a nation that would embody the grafted “Olive tree” that would be used to usher His message and His Glory throughout the world.In the words that solidified the purpose of this nation, the founders declared:

“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.”

Let us also remember the words of John Winthrop in his famous sermon “City on a Hill”:
“For we must consider that we shall be as a city upon a hill. The eyes of all people are upon us. So that if we shall deal falsely with our God in this work we have undertaken… we shall be made a story and a by-word throughout the world. We shall open the mouths of enemies to speak evil of the ways of God… We shall shame the faces of many of God's worthy servants, and cause their prayers to be turned into curses upon us til we be consumed out of the good land whither we are a-going”.

For in this day that we have forgotten the blessings and guidance of God, let us quickly remember that He is Just, and “His Justice will not sleep forever.”