Happy People

Deuteronomy 33:29 KJV

Happy art thou, O Israel: who is like unto thee, O people saved by the LORD, the shield of thy help, and who is the sword of thy excellency! and thine enemies shall be found liars unto thee; and thou shalt tread upon their high places.

God says that those who are like Israel are a happy and blessed people:

• Who are saved by the Lord
• Who are helped by His shield
• Whose sword is God's excellency

• Their enemies will be found to be liars
• Their honors will be trampled by the believers 

All of this is in due time. God is still the sovereign over time and matter and what He has promised He will perform; only in His good time. 

By happy the passage, I think, means blessed. God's hand is upon them even when they go through troublesome times. But the Bible says happy and it should be that a blessed people would express such blessing in their emotional state.