First...read this:
Dear friends, what is going on financially in America is MUCH bigger than a "cliff." The numbers in that linked article stagger the imagination. Truly.
I don't know what is going to happen financially as America tries to dig out of this mess, but I do have a bit of humble knowledge on how to help God's people prepare to be Kingdom savers and givers in the days ahead. It doesn't take a prophet to see that taxes will likely go up (on everyone) and entitlements need to be reformed over the next decade or so. This WILL mean less government services and benefits for future generations at some point. It has too mathmatically.
God's people must return to God's Word on handling money. The essence of the prophetic voice is "turn, repent, God back to God's Word!" That is what we must do with money. One of the "planks" of our strategy of Restoring the Prophetic Voice of the Church in America is:
Readying the Church through Stewardship
In addition, please read A Biblical Perspective on Wealth.
IMHO, here is the bottom line:
Christians, we must break the cycle of "stuff and more stuff" and get our financial houses in order. Now. :)
I tweeted recently that some of us unknowingly work towards our own pain, misery, and destruction. I said this: "The definition of deception: working hard to destroy yourself...then shouting Amen!"
It was kind of a humorous take on so much of culture...but sometimes I make jokes to keep from crying. Seriously. Look at the things many people work hard FOR that hurt them and their families and dishonors the Name of our King....and work AGAINST that actually blesses them and their families and upholds God's righteous standards! Look at the things people are fighting for that keep people in poverty, in marital dysfunction, dying in the womb, taught paganism, exposed to lusts, fornications, and adulteries, in debt, and families separated.
It's as if our consciences have become so deadened to right and wrong that we are walking in one of the woe's of Isaiah....
And speaking of consciences (Con = with, science = knowledge)...
Scripture declares that on our consciences is the Law of God...the knowledge of right and wrong...
Deception is a mean and vicious enemy. It causes one to think they are right when they are wrong. As this continues, hearts become hard to righteousness; deception deadens one to sin. When the mechanism God designed in us to steer us towards righteousness becomes "callous," running hard towards more sin is the result....
It can also bring divine judgment, where God Himself "gives them up":
May the Lord keep raising up a holy standard through His holy church...and may the eyes of many come open by His grace and mercy...
Luk 4:18-19 ESV "The Spirit of the Lord is upon me, because he has anointed me to proclaim good news to the poor. He has sent me to proclaim liberty to the captives and recovering of sight to the blind, to set at liberty those who are oppressed, (19) to proclaim the year of the Lord's favor."
Let it be so Lord Jesus!