These verses summarize Old Testament theology well. God is unique. Nothing and no one compares to God. Because of God's unfailing love (Hebrew khesed), he does not destroy his people when he judges them. Instead, he restores them (see Exodus 36:6–7). His faithfulness means he can be trusted to do good, no matter the cost to himself (see Psalm 89:1–2).
Who is a God like You: This question likely refers to Micah’s name, which means “Who is like the Lord?” God's character is unmatched among the gods of other nations. His actions and words reflect his character (Exodus 34:6–7). God pardons, shows compassion, triumphs over his people's sins, and seals those sins away.
The Lord's unfailing love led him to choose Israel from the start (Deuteronomy 7:8), consistent with his covenant faithfulness to Israel’s ancestors (Deuteronomy 7:20; 9:1–10:22). Through his unfailing love, God continues to offer hope to those who trust in him.