Earlier today I shared another 2-Minute Tuesday. Today’s edition is titled: “What Happens When We Can’t Tell Ourselves ‘No!'”
The reason I shared the video is because the majority of Americans have no idea what’s going on in this nation regarding our national debt. It only comes to the forefront when we have a battle in Congress about raising the Debt Ceiling. We are currently hurtling toward $20 Trillion in debt by the time President Obama leaves office. Incidentally the National Debt will have more than doubled in his 8-year tenure. Think about that. That’s mind-boggling. In the first 231 years of our existence as a nation, we rang up around $9 Trillion in debt. Under Obama we’ve done that in 8 years. Just 8 YEARS!!! Oh my!
Take a look at this picture…
That pretty much sums it up. It’s not a matter of “if,” it’s simply a matter of “when” our national debt crashes down on us. We’ve got to understand this and it’s hard because we’re dealing with so much money. It’s almost ridiculous. We’re talking about TRILLIONS of dollars…not millions or billions…but trillions.
According to the US Debt Clock… http://www.usdebtclock.org We owe $18.3 Trillion. That’s $154,000 for every U.S. taxpayer. Now to put into perspective how much $1 Trillion dollars actually is, think of it this way. If you were to spend $1 million per day from the day that Jesus was born up to today, 2,105 years later, you still wouldn’t have spent $1 Trillion. See, I told you it was mind-boggling.
Take a look at this picture. This is what our National Debt looked like at $16.3 Trillion.
Each of those standard-size crates has $100 million dollars on them. Look how small the Statue of Liberty is in comparison!
Now take a look at what is called our “Unfunded Liabilities.” It’s approaching $100 Trillion. Hold on to your seat!
See how small the Statue of Liberty is? Now you might ask, “What in the world are our Unfunded Liabilities?” Well, I’m glad you asked.
The United States owes (has liabilities) for Social Security, Medicare, Medicare Prescription Drug Program, Military and Federal Employee Pensions. That’s to the tune of almost $800,000 for every US Taxpayer. Yikes!
So, how has this happened? The politicians, right! Let’s blame it on Obama! Let’s blame it on Bush! Let’s blame Congress!! No! That’s wrong! Let’s blame ourselves! That’s right. We need to look in the mirror and swallow hard and point the finger squarely in our own faces. WE ARE THE REASON WE’RE IN THIS MESS. Why? Because we know nothing about sacrifice anymore. Our politicians are simply mimicking what we’re doing. We are more concerned about our comfort, new experiences, fun entertainment and ease than we are about sacrifice.
Our motto over the last 50 years has become: “If we can make the payment, buy it!” Your great-grandparents never bought anything on credit. If they didn’t have cash on the barrel head, they didn’t buy. Not us! If we don’t have cash, we CHARGE IT! Therefore, the average American has:
- $130,000 in mortgage debt
- $24,000 in college debt
- $23,000 in automobile debt
- $21,000 in credit card debt
That’s almost $200,000 in total debt for the AVERAGE American. Should it be any wonder that the men and women we elect don’t manage the government any better than we do?
What’s amazing is that today in this country, we actually pay people not to work. I see them at Wal-Mart at 2 pm in the afternoons from time to time. They are in the pajamas and they walk out to their very nice car that’s parked in a handicap spot and ride away after they used their EBT card. Yet, the Bible says, “If a man won’t work, let him not eat” (2 Thessalonians 3:10). We’re so backwards in our country that we actually pay women to have children out-of-wedlock and not get married. It’s crazy! It’s absolutely nuts! And should we wonder why we’re in so much debt?
Did you know 60% of Americans receive more from the government than they pay in taxes? Did you know there are now almost 50 million Americans on Food Stamps. Folks, this is unsustainable…
And that’s why this is coming…
It’s not “if,” it’s “WHEN!”
So what do we do? Bury our head’s in the sand? Run for the hills? No. It’s pretty simple. When you’re in a hole, you have to stop digging!
Friend, we’ve got to learn to tell ourselves “N0” again. We can’t do everything! We can’t buy every new gadget and go to the beach and have a huge Christmas and celebrate every birthday party as if it were another Christmas. We can’t keep up with the Joneses. We can’t have our cake and eat it too and we can’t keep borrowing from Peter to pay Paul because Peter is broke!
Can you say that little word? No. Go ahead. Try it. We can do this. Here we go now… deep breath… N…N…N…NO! There…there… That wasn’t so hard now was it? You see, I’m convinced the reason we’re in this mess is because we stopped living by the Christian ethic of living beneath our means.
It’s going to take discipline. And that’s not something most of us like. Discipline. But the same root word in “Discipline” is in the word “Disciple.” And we are called to be disciples of Christ. Folks, let’s be honest. We’re spoiled. We live in 72 degrees year round in our homes. We have running water and indoor toilets. What am I saying? We’ve got 60 inch flat screens and pillow-top mattresses. We are living in the lap of luxury and it’s catching up to us.
Just like it did this nation…
That’s Greece. I was there about 30 years ago. It’s one of the most beautiful countries in all the world. Yet, there citizens can only draw out $66 per day from their ATMs. Sad isn’t it. One of their citizens said last week on NPR , “We are headed for the ash heap of history.”
Folks, if we don’t begin to show a little austerity here in this country, we’re right behind them. The Bible is clear…
As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. 18 They are to do good, to be rich in good works, to be generous and ready to share, 19 thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life. 1 Timothy 6:17-19
We’ve got to stop being haughty. We’ve got to teach our children the value of a dollar and we’ve got to learn to say, “NO!” We’ve got to learn to trust in and rely on God…not the uncertainty of riches. We’ve got to discipline our lives or we’ll be squashed, not by ISIS or Terrorism, but by our own greed.