On merciless ocean the nation is rolling,
With a hole in the bottom, to boot.
With frantic attacks we bail with an axe
And ready our guns to shoot.

The hole gets bigger and we can’t figger
Why we should be sinking fast.
We’ve boosted taxes and mugged the Captain
Of Industry, tied him to the mast.

“Bail!” we cry, “Bail out or die!”
And with axes we bail to save.
“Now shoot”, says one, “We won’t be safe
Till First Mate Truth’s in his grave.”

The nation sinks, the ocean roars,
The hole gets bigger, reality pours.