Last week we laid out the first of the major crises threatening to destroy our Republic—judicial tyranny. The second major threat to the Republic addressed by our Founders was when the people learned that they could vote for the resources of the treasury themselves. This would lead to an ever increasing entitlement expectation that no government could sustain, and it would ultimately break it financially. This has also entrenched a class of professional politicians elected by promising the people the resources of our national treasury. Such politicians are the most dangerous to any democratic form of government.
Up until this point, America’s free market economy was so strong that it could carry the increasing weight of entitlements and the deficits they created. Even so, they now have us on the brink of an economic collapse that will eclipse anything the world has ever experienced. It has us so close to the edge that this could happen any day, and it could happen in a day. As strong as our economy and the dollar are presently, we could wake up one morning and it could be worthless.
The only thing that gives the dollar value is the faith that people have in it being backed up by our U.S. Government. That faith is already tenuous. The economic collapse resulting from a loss of confidence in the government may not have as much to do with the economy as it does with corruption in government. What has been revealed in the U.S. in the last few years greatly surpasses what has been seen before. The collapse of our dollar is not likely to happen in a day, or even a week, but we are in a position in many ways that could precipitate a slide that becomes an unstoppable avalanche in just a few weeks.
Our federal government was designed to require about 70% of its budget for the common defense and about 30% for its other mandates: protecting interstate commerce and international relations. Presently, our federal budget is about 15% for discretionary spending, 15% for defense, and 70% for entitlements and interest on the deficit. Just a spike in interest rates could cause the interest on our debt to exceed the total annual income of the federal government, and things would spiral out of control fast. No one has arisen with the wisdom or the will to address this growing crisis.
It is easy to understand why many wonder how we make it through another day. No doubt the boom in the stock market, the increase in employment, unfair trade agreements being addressed, and the strength of the dollar since Trump took office has bought us more time to get our financial house in order. Yet to date, it appears that little is being done with the roots of this looming threat. Just when it seemed that we were going to move away from the cliff, the Trump Administration went to a new level of accepting federal authority to pay for natural disasters, opening the door to even faster growing deficits.
We have been hanging over the cliff for a very long time, and at some point the fall is coming if we do not start moving away from the cliff. In the natural, it does not make sense that we have not gone down yet, but we have obviously had a hand from above holding us up until we come to our senses. At the same time we have basically been asking Him, even demanding, that He leave us alone and depart from our public life in every way. That is the scariest crisis of all that the Founders said would be the end of our Republic, which we will address next week.
So we can look at just these two crises and think we are already doomed. We are not doomed because we can call on The Lord who upholds the entire universe with the word of His power, and He can easily fix our little issues here. Overcoming these crises may be impossible for us, but nothing is impossible for Him. So we must turn to Him. It has been by following those who turned from God that got us into this mess, and if we are going to get out of it, we must stop following them and return to following The Lord.