When Christmas rolls around Santa's busy in his shop

Managing his elves and trying to cut costs

His plant is out of date it needs modernization

He has quite a large debt accumulation



Elves are expensive, they do not come cheap

And you would not believe the bills for the heat

Santa stands to lose everything he owns

If he defaults on yet another of his loans



Things are looking bad for Santa

He can slip down chimneys but he can't balance accounts

Things are looking bad for Santa

If he wrote a cheque it probably would bounce



He hires an accountant to come and advise

The accountant says that he has been unwise

Cuz even if the costs were cut down drastically

It's still hard to make money giving things away for free



Santa Claus decides to wipe the slate clean

He lays off half the elves and buys mordern machines

Then he auctions off all unnecessary stock

He gets a lot for Rudolf from Ripley's believe it or not



Things are looking bad for Santa

He's made all sorts of changes but it hasn't fixed a thing

Things are looking bad for Santa

Missus Claus has left him and the elves are picketing



Hey! Hey! Ho! Ho! The big fat pig has got to go!

Hey! Hey! Ho! Ho! The big fat pig has got to go!



Santa's had enough he locks the elves outside

He butchers all the reindeer and sells off all their hides

He sells his shop to Disney and leaves the north pole

To go find cheaper labour down in Mexico