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Welcome to the Eric Erickson Show podcast, Hour 1.

The first open line Friday of 2024.

Welcome, it's Eric Erickson here across the nation. The phone number, 877-973-745. As always, text Eric, E-R-I-C-K to 33-7-7-7 to get all the links for the stuff,

the stack, stuff, the daily show notes, all that. Also, if you text Eric to 33-77-

as soon as I can, I'll send you back the pre-order link for my new book whenever it comes out.

Now, I want to begin with the biggest story.

Nobody's talking about yesterday.

I wanted to start with the national security stories, including our national debt being the biggest national security story out there. I want to begin with an angle that people are talking about.

Let me play these two audio clips before I get into the meat of it. This is Larry Cudlow from Fox Business this morning.

Under the hood, it's a rather soft number. It's a complicated number, by the way. I'm going to bore you with a lot of statistics.

There was a big downward revision.

This is the second of the last three months.

The payroll survey was up 216.

You're quite right.

...