These lyrics express in simple terms a thankful heart. It tells us what to do (give thanks), how to do it (with a grateful heart), whom to thank (the Holy One), and why (because of the gift of Jesus Christ). The second half celebrates the reversal of the old order – the poor are rich and the weak strong in Christ.
Sing! A New Creation
Voicing our thankfulness is the theme of this songs and the theme of Heidelberg Catechism, Lord’s Day 1, Question and Answer 2, which professes that God’s children can “live and die in the joy of this comfort,” when we know our sin and misery, know how we are set free in Christ, and especially know “how I am to thank God for such deliverance.”
Similarly, Heidelberg Catechism, Lord’s Day 32, Question and Answer 86 leads us to confess that our whole lives will “show that we are thankful to God for his benefits.”
This spirit is reinforced by Our World Belongs to God, paragraph 6 with its personal profession, “We rejoice in the goodness of God...”