[Congressional Record Volume 142, Number 29 (Wednesday, March 6, 1996)]
[Extensions of Remarks]
[Page E287]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          CELESTIAL ECONOMICS

                                 ______


                        HON. ANDREW JACOBS, JR.

                               of indiana

                    in the house of representatives

                        Wednesday, March 6, 1996

  Mr. JACOBS. Mr. Speaker, the great Sid Taylor of the National 
Taxpayers Union Foundation takes pen in hand once more, and hits the 
bull's eye.

                          Celestial Economics

                      (By Sid Taylor, Fiscal Poet)

     We had a bitter standoff
     But, the controversy is through.
     We're going to balance the budget
     In the fiscal year of 2002.
     So, now there's no need to worry,
     Our national debt is fine,
     The White House and Congress
     Agree on a $5 trillion credit line.
     The deficits don't really matter,
     They're just a little more red ink,
     So, like the sinking of the Titanic
     $164 billion won't put us in the drink.
     Now, about those interest payments
     To finance our national debt,
     They're only $333 billion a year
     So, there's no need to get upset.

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