Erdman delivers the Club's annual economic outlook speech. He speaks about the economic and political conditions and outlook for the United States in 1996, though he also looks at other countries as well. He believes that while it will be an eventful year, it will be a good year for the country.

Topics covered during the question-and-answer session include: fictional ideas, budget fight, the budget affecting the elections, a balanced budget, the flat tax, the capital gains tax, who should be the Republican candidate, and advise for the jackpot winner.