Larry Burkett was an American radio personality whose work focused on financial counseling from a Christian point of view.
14 Facts About Larry Burkett
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Larry Burkett spent the next several years at the Space Center in charge of an experimental test facility that served the Mercury-, Gemini-, and Apollo-crewed space programs.
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Larry Burkett left the Space Center in 1970 to become vice president of an electronics manufacturing firm.
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Larry Burkett began an intense study of biblical teaching about handling money, and he started teaching small groups around the country.
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Larry Burkett left the campus ministry in 1976 to form Christian Financial Concepts, a nonprofit organization dedicated to teaching the biblical principles of handling money.
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Larry Burkett served as chairman of the board of directors until his death.
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Larry Burkett was a co-founder of the Alliance Defense Fund, a Christian conservative legal advocacy organization.
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Larry Burkett died of heart failure after a long battle with cancer and other health problems.
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Larry Burkett published more than 70 books, sales of which now exceed 11 million copies and include several national best-sellers.
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In "The Coming Economic Earthquake", Larry Burkett delineated growing federal deficits and the ever increasing use of debt by business and households out of control.
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Larry Burkett predicted that those severe economic times would appear sometime shortly after the year 2000 unless then-current policies were changed.
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Larry Burkett believed that Keynesian economic policies, with ideals for continuing federal deficits and the implicit preference for higher levels of consumption, reduced saving, and a larger role for government in the economy, are a means to disaster.
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Larry Burkett wrote that as interest on the debt consumes a larger and larger portion of the yearly federal budget, and more money is borrowed each year to pay the interest on what was borrowed in previous years, there will be a temptation to "monetize" the debt at an increasing rate; this would lead to a calamity not seen since the Great Depression.
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Larry Burkett questioned whether or not elected leaders would take action in time to prevent fiscal chaos and believed they would not.