Jimmy Carter on Inflation SNL Cold Open in 1978: ‘Inflation Is Our Friend ... Most Americans Will Be Millionaires’
‘Wouldn’t you like to own a $4,000 suit, and smoke a $75 cigar, drive a $600,000 car? I know I would’
Apr 4, 2022 12:00 PM
By Grabien Staff
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EXCERPT:
AYKROYD: "Inflation is our friend. (Laughter) For example consider this -- in the year 2000 if current trends continue, the average blue collar annual wage in this country, will be $568,000. Think what this inflated world of the future will mean -- most Americans will be millionaires. Everyone will feel like a big shot.”