[NOTE: I did this post in a hurry, but it’s gotten so much traffic I decided to refine it a bit – you’re welcome to read it, but you may prefer the updated one you’ll find here.]
How do you fix it? Repent.
We have all kinds of “economic indicators” today: Gross Domestic Product (GDP), unemployment, consumer sentiment, S&P 500 stock index, housing starts, etc., the list goes on and on.
But I propose a new indicator, and one far surer to accurately predict the state of our economy. I call it the National Spirituality Index (NSI for short).
Whether you believe in either the Bible or the Book of Mormon (or most any other holy writ), then you’ve got ample evidence to show that when economies (and societies) start to crumble, wickedness is to blame.
Wickedness begets tribulations; tribulations increase humility and ultimately an acknowledged reliance on the Lord. When this happens, people repent and forsake their sins, turn to God, and pray for help. And when enough people do just that, then things start to change.
So we’ve all got to repent – everybody. It’s easy for us to always think “I’m not the problem”, but we’ve all got our favorite sins, those weaknesses we cling to and hate to give up on. Some are obviously more serious than others, but they all equate to an overall depression in the sum-total of our National Spirituality Index.
What’s more, as individuals begin to increase their own spirituality (call it your Personal Spirituality Index – PSI for short), then they have a positive impact on those around them (the spiritual equivalent of gravity, which I discuss here). Soon you get these islands of expanding righteousness, and pockets of perpetuating virtue.
But it doesn’t start with the whole; it starts with the individual – with you and me.
When we start to hear about record numbers of foreclosures, staggering oil prices, plummeting consumer confidence, severely depressed housing starts, continuously rising unemployment, surging inflation, drastically reduced home sales, large banks like Bear Stearns hitting rock bottom, or any other news of a depressed economy, you’re simply seeing the effects of the ACTUAL leading indicator – our National Spirituality Metric. And instead of casting blame, and hoping the FED will help, we should be looking at ourselves, and praying to God for help.
Nothing against the Federal Reserve Chairman, Ben Bernanke but I’ll put my trust in the Lord. I hope you do too.