Barron’s: Following Obama’s plan will make the USA worse off than Greece
The front page of today’s issue of Barron’s magazine has a photograph of USA President Barack Obama. The front page also states:
If we follow President Obama’s plan, the U.S. in 25 years will be in worse shape than Greece is today.
The article itself (on page 25) states:
According to estimates by the Congressional Budget Office, adjusted by Barron’s to account for recent tax increases and other factors, if the U.S. doesn’t raise taxes further and cut spending dramatically, the national debt could easily reach 153% of economic output by 2035. These are not just numbers. If the U.S. national debt continues ballooning, we can be sure of a deep, long-lasting recession — very likely a depression — sometime in the next two to three decades…The CBO has been issuing warnings about the looming risk of a debt crisis for three years.
While I do not wish to get into all the politics of the spending cuts vs. tax increases (both of which at this stage could cause certain harm to the economy), the reality is that the plans that seem to be coming out of Washington D.C. that are most likely to be really implemented are resulting in increased debt.
Bible prophecy shows that problems associated with debt accumulation for some will be far worse than anything that modern Greece has experienced or than nearly all economic experts in the USA have speculated. Notice what God had the Prophet Habakkuk write:
3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man… 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).
The above prophecy will be fulfilled at the time of the end (cf. “The message was true, but the appointed time was long…in the latter days, for the vision refers to many days yet to come”, Daniel 10:1,14). Daniel 8:19, 11:27,29,35 use same the Hebrew term for “appointed time” as Habakkuk 2:3, while Daniel 10, using a different term, ties the latter days to the time in Daniel 8:19. Habakkuk 2 was not fulfilled in its entirety anciently.
Sudden destruction will occur among those who are spiritually drunk:
3 For when they say, “Peace and safety!” then sudden destruction comes upon them, as labor pains upon a pregnant woman. And they shall not escape. 4 But you, brethren, are not in darkness, so that this Day should overtake you as a thief. 5 You are all sons of light and sons of the day. We are not of the night nor of darkness. 6 Therefore let us not sleep, as others do, but let us watch and be sober. 7 For those who sleep, sleep at night, and those who get drunk are drunk at night. (1 Thessalonians 5:3-7)
8… A plunderer at noonday; I will cause anguish and terror to fall on them suddenly…
13 Your wealth and your treasures
I will give as plunder without price,
Because of all your sins,
Throughout your territories.
14 And I will make you cross over with your enemies
Into a land which you do not know;
For a fire is kindled in My anger,
Which shall burn upon you.” (Jeremiah 15:8;13-14)
Notice that both Paul and Habakkuk seem to have tied drunkenness in with this sudden calamity (so did Jesus in Luke 21:34-35). Truly the Anglo-nations are not spiritually sober.
Notice how Ezekiel’s writings confirm that those who made profits improper will be punished:
13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. (Ezekiel 22:13-15)
Borrowing money that will not be paid back is a “dishonest profit” which the American and British peoples have been living on for the past several years (as is the “quantitative easing” programs for the US Federal Reserve; see also Doubling QE3 is not good and the YouTube video The Debt Crisis Will Be Worse Than Most Imagine). The Anglo-power will be scattered for this and their filthiness (see also Will the Anglo-Nations be Divided?). Sexual immorality and abortion are simply some outward signs of this filthiness.
At some point in time, the USA will likely start to experience massive inflation (which is something that Barron’s and others should realize). And afterwards, its creditors will rise up (Habakkuk 2:7). The fiscal policies of the government of the U.S.A., unless dramatically altered in a different direction relatively soon, are setting the stage for hyperinflation in the U.S.A.–have no doubt about it.
The USA needs national repentance and I saw no call for that in the Barron’s article, the recent State of the Union address (see The State of the Union is not good), nor the official Republican responses to the current economic matters.
People need to turn to Jesus and His Kingdom.
Some items of possibly related interest may include:
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about?
Just What Do You Mean the Kingdom of God? A booklet that was written by Herbert Armstrong answers questions about the Kingdom.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic, Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.
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