As I work through a list of the Names of God, this is one of my favorites.
Think of how Moses must have felt, knowing how obstinate and rebellious the Israelite people had been. Yet God said that He was always ready to forgive. He was faithful, even when they were not.
God is Compassionate and Merciful. As others have said, He gives us what we don’t deserve (forgiveness and grace) and doesn’t give us what we do deserve (punishment for our sins, death).
Have you thanked Him yet for these gifts?