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Psalm 107:1
This Psalm begins with an admonition to all to give thanks to Yahweh. Why? Because He is good. God is the very essence of goodness and love (1 John 4:8), and His goodness prompted Him to extend His mercy to us in the most beautiful and meaningful way possible, the gift of His Son Jesus Christ (John 3:16; Romans 5:8). It was the total goodness of God that caused Him to love you and me when we were totally unlovable. It was this perfect goodness that caused the God of heaven to give up His only begotten Son that we might have access to abundant life (John 10:10), now and forevermore.
Every new day gives us reason for expressing our gratitude to God who has made possible all things worth having in this life and the life to come. People may respond to the goodness of God in various ways, but Romans 2:4 tells us that the goodness of God leads us to repentance.