This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.
At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.
Depend on it. God's work done in God's way will never lack God's supply. He is too wise a God to frustrate His purposes for lack of funds, and He can just as easily supply them ahead of time as afterwards, and He much prefers doing so.
Europe is a strong market for the U.S. If it has problems, if there's a lack of consumer confidence, if there's a deeper recession, this will deeply affect jobs in the U.S.
We got into a recession because the global economy went into the recession and we're a big exporting nation.
In terms of the economy, look, I inherited a recession, I am ending on a recession.
A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.
A Recession is predominantly for the middle class. Where I come from the majority of people have always lived in a recession.
You don't serve God by saying: the Church is ineffective, I'll have none of it. Your pain at its lack of effectiveness is a sign of your nearness to God. We help overcome this lack of effectiveness simply by suffering on account of it.
To lack confidence is to have feelings of low self-worth. We are preoccupied with our weaknesses, and we lack faith in the Lord's ability to use those weaknesses for our good. We do not understand our inestimable worth in the eyes of God, nor do we appreciate our divine potential. Ironically, both pride and a lack of self-confidence cause us to focus excessively on ourselves and to deny the power of God in our lives.
It wasn't necessary to speak on the recession, you know what I mean, but I just though it made a lot of sense. I was like, "okay, cool," I'm going to go with this approach for the name of the album [ The Recession].
Notice how people can sit for hours and talk to one another, but call us to pray and we find it to be great difficulty. Why is this so? 1) Lack of desperation (realizing our dependence on God), 2) The wrestlings of the flesh, 3) Lack of faith to believe not only that God hears us but that He will move on our behalf.
When I am tempted to complain about God's lack of presence, I remind myself that God has much more reason to complain about my lack of presence.
I said we are in a mental recession. We keep getting the steady drumbeat of bad news... it's become a mental recession. We don't have measured negative growth. That's a fact, that's not a commentary.
A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other qualities on what looks to be a semi-permanent basis.
God's work done in God's way will never lack God's supply.