Passage
He hath not dealt with vs after our sinnes, nor rewarded vs according to our iniquities.
He hath not dealt with vs after our sinnes, nor rewarded vs according to our iniquities.
Psalms 103:8 The Lord is full of compassion and mercie, slowe to anger and of great kindnesse.
Psalms 103:9 He will not alway chide, neither keepe his anger for euer.
Psalms 103:10 He hath not dealt with vs after our sinnes, nor rewarded vs according to our iniquities.
Psalms 103:11 For as high as the heauen is aboue ye earth, so great is his mercie toward them that feare him.
Psalms 103:12 As farre as the East is from the West: so farre hath he remooued our sinnes from vs.
The verse centers on "iniquities", "hath", "dealt", "after", "sinnes", and "rewarded". It is saying that the verse draws attention to "iniquities" and "hath", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 9's "He will not alway chide neither keepe..." into verse 11's "For as high as the heauen is...", so "iniquities" and "hath" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "iniquities" and "hath" with trust shaped by these words, not by a vague optimism outside the passage.