Welcome to the Eric Erickson Show podcast, Our One.

Hello, America. Welcome. It is Eric Erickson here across the nation. The phone number 877-97-973-725. Should you you wish to be on the program. Delighted to have you with me.

I have got to begin. Yeah, I'm going to weave a couple of things together. I am a professional. Bear

with me on this. Gallup has a survey out.

A record high percentage of Americans trust Republicans to manage the economy over Democrats.

53% of respondents said Republicans were more likely to do a better job of keeping the country prosperous versus 39% who favor the Democrats.

Gallup's been polling the same question since 1951.

The 14-point edge is the widest for Republicans since 1991 and a slight bump from their 10-point advantage this time last year.

Democrats led by one point in September of 2020.

Now, notice a little bit of irony here that this is the widest for Republicans since 1991,

the year before George H.W. Bush lost to Bill Clinton because of the economy.

But Democrats, the Biden administration, they have wrapped Joe Biden around the phrase

Bidenomics. They've wrapped the phrase around Joe Biden.

They claim the economy is doing really well, but nobody feels it.

The cost of living is still high.

There are more and more warning signs on the horizon that something is clearly wrong with the economy. Don't look now, but the long-term

bond yields have surged to just about 5%. That's going to impact the national debt. They're up over 4.7% right now. Our economic estimates by the

Congressional Budget Office presume they'll never get above 3%. They're almost at 5% now.

Every percentage point above 3% over 10 years adds $3 trillion to the national debt on its own without congressional spending.

If we froze spending tomorrow, we'd still add $3 trillion over the next 10 years because interest rates and interest payments go up.

The debt service goes up.

And do all of this Republicans have 43 days to come up with a new spending plan because the

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