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  1. IOU

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Lyrics

Johnny can’t read but he can count to free
It’s all a state of mine
Print and spend it’s all Greek to me
Leave the future behind
A program for this and a program for that
If you survive the womb
It will be on our children’s backs
Long after they reach the tomb
What’s another trillion in debt
Strangled in the safety net

Spending your way to prosperity
Puts more on the government dole
Take my dough for cowboy poetry
But you’ll never take my soul
Oh give me a home where the gov don’t roam
And bureaucrats don’t play
Where never is heard a confiscatory word
And I choose what to do with my pay
We’ve all put in what we’ll never get back
(Never get back)
Why not pass the Happiness Act
(Happiness Act)

IOU
We’re insolvent from Orwell’s utopia
IOU

Whine and scream until your wants are you needs
Just hold your hand in line
The joke’s on you cos nothing comes free
It’s all on your children’s dime
They’ll say you’re entitled to greener pastures
And make the exception the rule
Those sacred cows are eating your future
Don’t feed your kids that bull

Restore the values of grandmoms and dads
(Grandmoms and grandads)
Self-reliance ain’t a fad
(Self-reliance)

IOU
We’re insolvent from Orwell’s utopia
IOU

Down from the hill here comes another spending bill
Must subject my kids to that environmental swill
Can’t withhold my union dues, my kid’s school I cannot choose
Can’t decide on what they eat, they’re being watched by Camera 3

No choice in what I drive, demonized if business thrives
Profit’s a four-letter word they raised the ceiling have you heard
Gotta hide myself to pray it’s offensive they say
They’re growing the ranks of the poor and downtrodden every day
Johnny can’t read but he can count to free
It’s all a state of mine
Print and spend it’s all Greek to me
Leave the future behind
A program for this and a program for that
If you survive the womb
It will be on our children’s backs
Long after they reach the tomb

What’s another trillion in debt
(Great Society)
Strangled in the safety net
(War on Poverty)

IOU
We’re insolvent from Orwell’s utopia
IOU

Let the rich employ the poor
‘Til there are no poor no more
Let the rich employ the poor
‘Til there are no poor no more
I’d love to change the world
And I know just what to do

Music and lyrics by Jim Loeffler
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