“Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.” —Romans 13:8
According to http://www.usdebtclock.org/ its purpose “is to inform the public of the financial condition of the United States of America…. bringing to the public the most accurate up-to-date debt information possible. The numbers are laid out in such a way to give a complete real-time snapshot of the country’s balance sheet. Although the numbers involved are enormous, it is still easy to see the relative balance between wealth generated and wealth consumed” (online source).
They go on to say that the “clocks on the site are updated continually to the most precise calculations, using complex formulas and exacting standards, and the values displayed are verified from the best sources available” (ibid.).
When I first became aware of this clock, though the “US Total Debt” was slowly decreasing, it was still far above 54 trillion dollars. The “US National Debt” increased at a rate of more than $20,000 per second, or $100,000 every five seconds. The “US Federal Budget Deficit” increased at a rate of $60,000 per minute, or $1,000 per second.
That a nation of only 309.6 million people has such a huge debt within its government suggests an incredibly inappropriate stewardship of resources among its leadership in the past century. Poverty and debt in itself does not mean a decline in spirituality or a collapse of Biblical Christianity; some of the Lord’s most stalwart saints have lived by faith, having nothing more than what the Lord provided. It does indicate, however, a real reckless attitude toward stewardship and a very perverted view of ownership and responsibility among the majority of the population of this country over the years.
Someone may object and say, “Wait a minute, Brother Jon, you can’t pin that on the people. It’s them thar leaders what done it!”
Were this a monarchy I would say you’re right; a dictatorship, no question— the dictator could easily sink the country (and historically, they do and have). Yet, the United States of America is neither a kingdom nor a regime; it was at one time a republic containing a democratic process, which has morphed into a democracy with enough laws to keep some civil servants employed. What I’m saying is that the democratic process that voted individual executives, law makers, and representatives into positions of influence makes the majority of voters as responsible as the elected leaders. WE, the people, are responsible for this debt.
Although it isn’t the only indication that the majority of the population in our nation have strayed from Biblical truth, it is a serious indictment of our sin in general. “Owe no man any thing” we are commanded. Why? We are told the reason in Psalm 24:1,
The earth is the LORD’s, and the fulness thereof; the world, and they that dwell therein.
We, as a people in this nation, have not taken seriously the truth that everything is God’s; and to go into debt with God’s possessions is a terrible sin.
CLICK HERE to go to US Debt Clock.