Psalms 103:10

He has not dealt with us after our sins - He has never apportioned our punishment to our sins, nor has he regulated the exercise of his mercy by our merits.

He hath not dealt with us after our sins - All may say this, and this "is" a ground of thanksgiving and praise. It is a matter for which we should render unceasing praise that God has not done to us as our sins deserved. Who of us can fail to stand in awe and to tremble when we think what God "might" have justly done to us; what sufferings he "might" have brought upon us, which would have been no more than we have deserved; what pain of body, what distress of mind, what anguish of bereavement - what sorrow, danger, sickness, losses - we "might" have suffered before the point would be reached at which it could be said that we were suffering more than a holy and just God might properly inflict on us.

Nor rewarded us according to our iniquities - That is, he has not inflicted suffering on us that could be regarded in any proper sense as a just retribution for what we have done; or, so that it could properly be said that the one fairly "measured" the other.