Every Christmas season, I have composed a “review and outlook” for the economy set to the rhythm and meter of Clement Moore’s classic, “A Visit from St. Nicholas.” This, my 39th annual rendition, is primarily a “review” of yet another bizarre year. In this account, Santa shares with me his thoughts on his usual wide range of issues, which once again includes some especially critical remarks directed at his friends at the Federal Reserve.
’Twas the night before Christmas, the year twenty-two,
I was ready at last and had naught more to do.
My tree stood bedecked with bulbs and lights shining bright
Like a beacon for Santa that dark wintry night.
From a short nap by the fire, I woke in surprise
And found myself gazing at big, round, cheery eyes.
At once, I knew they were Santa’s – he’s really here,
And ready, I thought, to spread some holiday cheer.