Tuesday, March 1, 2011

The Economy is not Microeconomics, nor is it Macroeconomics, it is Individual Economics

All of us have gone to the grocery store within the last few weeks and all of us have seen the incredible rise in the prices of commodities; bread, milk, eggs, cooking oil, meat and boxed and frozen foods. We have all gone to the gas station at least twice in the last two weeks. How much did the gas prices go up in your neighborhood? The national average price increase was 17 cents a gallon in less than two weeks.
We all wanted a better future for our kids and grandchildren than we had. In this, we are no different than our parents were, they wanted us to have the chance to better ourselves and have a better life than they did. If you think that this is peculiar to only America, I can guarantee you that any parent in any nation of this world wants a better future for their children, a better life for their offspring, than they lived through, no matter where they are located.
So, now we are facing higher prices on everything! Because almost everything that we eat, make, drive or work with is tied to the price of gasoline, or oil. The United States uses approximately 23% of the world's oil everyday, yet we produce only about
4% of the oil we need. Even if we opened up all the available oil fields that are viable in the United States, we would not come close to having enough oil to meet our needs. So we are at the mercy of a part of the world where chaos is the norm right now. No one can say for sure how things are going to work themselves out in the Middle East, nor can anyone say for sure if we are going to be able to keep the living standards we have become so used to over the years.
A different time is coming in this world. A time of upheaval and change and uncertainty.
I can remember as a teenager, we had a coffee house on Saturday night at our Church. We would have music and entertainment from different bands. But, we would also pray. We would pray as a group and we would split off from the group and get together and pray in smaller groups. As a teenager, this set a foundation of a faith in the Almighty that lasts until today in my heart. As a teenager, there were all kinds of uncertainties that needed praying about and now as a grown adult with children and grandchildren, the need for prayer is no less needed. We need to lock on to the Power of our Creator, the Sculptor of this Universe, and trust in God. If we are going to go into this time of uncertainty as adults leading our children and grandchildren, we need to go back to the foundation we built as young people with faith in God as the cornerstone of that foundation and pray. We need to pray each morning, each afternoon and each evening for the wisdom, knowledge and strength to do what is right in this changing world. The people who are trying to take control of the Middle East and the substance the world runs on are created by God, just as we have been. They are part of our Creator, just as we are-so our prayers will influence the outcome of this situation. Lack of prayer will also influence the world situation. So, if you care about the welfare of your children and grandchildren and want the world to be a better place for them to live in, it is time to return to the God of our youth and pray.