Wow making fun of democrat Jimmy Carter. SNL has full blown democrat now. Only pokes fun of republicans and their ratings have tanked and that makes me happy :-)
To repeat history. You must control the narrative of history. It was always like this. It will be like this until the plebs rise from the swamp of red team blue team. Realizing it's about team owners vs team members. Not about which team you are on.
You know, in a way I think they knew. There's been a plan in place for generations to depopulate the world and eventually tear down America and other free countries. To promote communism. It's been a plan for a long time behind the scenes.
Before Zimbabwe fell years ago, I saw people on national news trying to start a fire with Zimbabwe dollars saying “I’m a billionaire and I cannot afford to buy food“.
It's almost 20 Mexican Pesos to the Dollar from what I just read. It seems like there used to be a much bigger difference. I know that when Mexican 'migrant' workers I worked with got paid, they would send every dollar they could back to their families. Services charge to wire that money and would compete to do it for less and word would get around and everyone would find out and change over to the place with the lowest rate. That fact has always been in my mind in the immigration issues that we've seen escalating. So, I just looked up the historic rate and in 1988 there were 24 Pesos to the Dollar. They kept using $100, so I moved the decimal point to compensate. I know with the national dept flying like it has warp engines, the value of the dollar has been dropping, so perhaps since both currencies are in free fall, it's merely a relative thing.
"Hey, this is Jimmy! Print some more 20s." This is actually what our leadership did during Covid. And now we act surprised when everything is way more expensive. And yeah, it's both parties.
@@albertosillywhips7281 People don't seem to make the connection. Trump actually advocated for negative interest rates. That is inflation. The fact interest rates have gone up to 5% is a healthy sign. The government has been bailing out the banks for the 2008 collapse by in effect giving them free money to lend. That is the definition of inflation. Can you imagine the government giving GM cars for free then letting them sell them at list price? They couldn't help but make money. Oh that's basically what they are doing for Tesla with the incentives. You would think Musk would be more supportive of the Democrats since their policies to encourage EV's are the only reason he is a rich man. People of all economic status are weird.
@@paulnicholson1906 But people didn't pretend inflation was good or that printing money didn't cause it. Both of those things happened in the last three years, the latter STILL being a serious talking point for blue team.
@@TuhljinTampergauge The largest impact on inflation was the 8 trillion dollars in debt the Trump administration ran up. If you don't think that is printing money you are nuts.
george carlin was arrested for violating obscenity laws. in 1972. freedom of speech has always been a battle line among comedians. that's where we often find the limits of what society will tolerate. so called "cancel culture" is literally just the free market of ideas rejecting certain viewpoints and telling those comedians they aren't funny. and if you bring up college students protesting conservative speakers, what do you think those protesters are engaged in?
@@mfsebcwwas Carlin deterred or did he continue? He fought and comedians who followed were more obscene than Carlin So society sided on side of free speech and free choice. Cancel culture supports neither.
Consider this--the AUDIENCE knew more about inflation. If the audience didn't understand it, the joke wouldn't land. The audience of 18-39 year olds THEN knew more about inflation than 18-39 year olds do NOW.
"Who controls the foods can control a region; who controls the fuels/ energy can control a continent; who controls money can control the world." - Henry A. Kissinger
Worse yet is those who saved up for retirement an amount that would of supported them for decades has been cut in half. Printing more dollars doesn't make their saving go up it goes down. They will hit 80 and have to go back to work.
I’m 41. I went to work at 15, worked through high school, put myself through college and nursing school. When I was 31, a yr after I had my only child, I was diagnosed with a slow-growing brain cancer that required an immediate craniotomy, though it quickly grew back and has resulted in my having seizures. My husband got sick a few yrs ago and hasn’t been able to work or get approval for disability. I’m now trying to get back to work so that I can support our family. Ten yrs ago, five yrs ago, we could make it, albeit slightly and tight, with my disability and a little assistance here and there from family for my daughter. Now, even despite cutting us back to nearly nothing-I don’t even have a car-I can’t make ends meet in a home that’s paid for. I tried to get qualified for more state assistance, but I was told I draw $38 too much. We’re blessed to just have a roof over our heads and my child homeschools, so I don’t have to worry about her wanting the latest fashion. Yet, my heart breaks when I know she’s hungry, and I am too, but there’s nothing I can do about it, because half of my disability is gone before I ever see it. Many have the option of food banks, etc.. but I couldn’t get to anything, even if I wanted to. The last time I did, the food was out of date, my child has dietary requirements, so it was futile. So, hopefully, I’m praying I can get someone in the fam to help pay for my nursing license renewal, because I don’t have the money for that, and I pray God doesn’t let the cancer grow or the seizures return so I don’t automatically get fired. If I can get anyone to actually hire me…
@mattdaugherty7865 Yeah but when a fast food hamburger cost $5 and a gallon of milk cost seven and gas is $4 a gallon that salary doesn't look so big now does it. When I buy stuff I usually write it on the receipt or write on the item. Then 10 years down the road I can look up that price and see what I'm going to have to pay for it now in general it's double or triple for many things compared to 20 years ago and don't even get me started on 40 years ago.
Because we all had common sense and knew this was stupid and no one could be that dumb, but it has happened and yes, we do have very stupid people or evil thinking people now who want what the devil wants to destroy mankind and think there is no God, or the god of darkness is powerful what fools.
@@gamenrage5998how about when he owned miss teen America and discussed his love on public radio going back stage. Ya god loves that kinda of stuff (it’s all there for you)
@@slipjones2How about the guy who forced himself into the shower with his young daughter and made her scared to shower in the daytime? Yeah, you voted for him.
Thank You! I have been trying to find a copy of this video for years. It was so spot on when it first aired and I've never forgotten ti. You have made my day.
@@theo21021 If wages kept pace with the last 40 years' inflation, inflation wouldn't be an issue, would it? But oh no, those poor millionaires NEED MORE, how will they ever survive in these trying times? Greed and price gouging is NOT INFLATION
@@rustneversleeps01 oh yeah, those poor billionaires, having to ask for donations from people who make less than $65k oh however will those poor billionaires ever survive
I bet that’s why when you go to some countries that their currency has denominations in thousands and millions. A manifestation of reaching the advanced stage of inflation.
Yes, Zimbabwe actually has One Hundred Trillion Dollar notes... and signs in their public restrooms saying "please do not flush currency" (it's cheaper to use the bills to wipe than it is to purchase actual toilet paper with them...) *****The More You Know*****
Very republican-coded. Any time anybody mentions the deficit, it’s republicans. Despite them also being the cause. I’m less versed in Reagan’s presidency, but given the term “trickle down economics” comes from him, he started rolling the boulder. I do know for certain during the Trump administration they attempted passing a tax break for the rich (before Covid). It was mentioned not long after this tax break, that the deficit was too large. When they were the ones who caused it by reducing tax revenue. Their proposed solution? Delay the age of retirement or remove social programs entirely. So what’s their goal for a balanced budget? Tax breaks for the rich, reduce social programs for the middle and lower classes. And blue collar people still vote red because of social issues. That’s not what Republican politicians care about or are lobbied to enact. They care about rebalancing the budget to harm the middle class and help the rich. The gap between the middle class and the rich has never been bigger than this point in America’s history, and they still wish to pass more tax breaks.
Decades of shipping jobs overseas, borrowing money, selling weapons to enemies like Iran, and monopolization - all once touted as "free market enterprise" - also contributed to current problems.
And you freely show your ignorance to all? Blaming Carter for high interest rates is either faction related or stupidity. Who took the US off the gold standard and tied the US dollar to oil? Who is in charge of interest rates? Who is a dumb mother trucka? Some of the answers are Nixon and one is you.
*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus
@@jefferydraper4019Jeff, there is only ONE senior citizen with dementia in this race now 😂😂😂 Trump is the oldest guy to EVER run, and he’s obese and eats fast food everyday LOLOL
Inflation was caused by Trump and Bidens stimulus, sending checks in the mail to people, which Trump initiated and Biden continued. Biden didnt do it as big as Trump wanted. if he had won the election, we would have had inflation under Trump as much as under Biden, one could argue maybe even worse because Trump would have brow beaten Powell into keeping interest rates low in spite of the inflation. Both left and right are embracing Voodoo, nonsensical, populist economics that blames inflation on external factors (“not our fault” or “regulations” or “not drilling” or “corporate greed”) Instead of this helicopter money from the FED which conspired with the federal government to flood the economy with money, resulting in inflation.
This sort of benevolent stupidity is preferable to the reality. The reality is a handful of very wealthy and powerful people endlessly borrowing against themselves. It doesn't matter who is in power, as long as they can do this with no meaningful consequences to them, it will continue to happen. The system becomes flooded with money, but those who get it last get it when it has less value.
Every Liberal party, I think... God alone knows why, how and when they all unified like this...!! (United States Democrats and Trudeauian Liberals both appear to me to be pursuing the same objective: turning We the People into serfs while keeping themselves in power in perpetuity/forever/until they're the only ones in living memory to have run things...!
Every time I hear a politician say they’re going to increase minimum wage I cringe. First of all, the employer has to raise the price to their product. Social Security and Medicare that comes out of our paychecks the employer also has to match. The only one benefiting from this is United States Government.
This assumes that people are willing to purchase the same product at higher prices. If the consumers do so, yes they will increase the price to offset the new increased wage they have to pay workers. If the consumers do not do so, the company has 2 options: 1.) Reduce workforce to make up for margin. 2.) Be content with lower profits. So they obviously begin cutting workers. And almost never middle-management, instead the part that’s closest to interacting with the customers. The company either overworks their workers due to the shortage they caused, or loses employees frequently due to too high of a workload and struggles to staff their establishment potentially causing it to fail. If they accepted at any point in this process, a diminishment in profits, and kept everything the same, often these companies would stay afloat. They don’t want to entertain that idea as an option though. As somebody who knows people behind the scenes on restaurants, the profit they make, even after worker’s fees on the new prices post-Covid is absurd and way better than they were doing prior. Nobody is establishing boundaries of what is an acceptable amount that they will no longer purchase a product at. If you read all of this congrats. It’s long, but an insight into why we see inflation.
@@Exisist5151 In the US people just pay and complain, but continue to vote against their best interest. The recent inflation was due to supply chain shortages, but when the shortages went away, the prices didn't drop, the providers of goods just pocketed the extra income when their COG dropped. And they were able to do so because of weakened legislature against monopolization of the marketplace. The people complained about the higher prices, but keep voting in politicians who loosen these regulations, allowing companies in the US to charge more domestically than internationally (reports last week for just pharma places that at 2.4 - 4 times as an average, with some items 10-100 times). And yet they still buy the items at the inflated prices (when they have a choice for less costly items). So yea, it's their own damn fault they pay more.
Been searching for this and another clip where he ends with "I believe the term is 'let's party!" Same type of speech. Been searching for THREE YEARS for this clip. Thank you.
I'm not sure what your point is? I will cuss out and speak against the irs, but I am not going to turn away my refund. Ayn Rand paid into social security and Medicare. Why should she pass on money that she paid?
Fact: My father had some C.D.'s when Carter was President. He was getting 21% on his money. They were from a savings & loan company in Long Beach, Ca. I don't think there are any more savings & loans out there anymore. They sort of disappeared during the Reagan administration.
I saw a good meme that said Gavin Newsome is going to raise the minimum wage in CA to help people afford the price increases resulting from the last minimum wage increase.
I've young leftist argue, today, that that's exactly what our government should do with complete sincerity. The ignorance of what are supposed to educated adults is terrifying. Can't help but fill the doom coming for us all.
I went to a small town in Italy once to buy some very nice sculpting tools from the old guy who still made them. I picked out a couple fistfuls of tools from their selection and when they tallied it up, they told me it was 1 million. Lira. I was surprised. I told my host that I never thought I would ever HAVE a million ANYTHING, much less spend a million in a single purchase. At the time, that was around a thousand dollars US. Money well spent. 40 years later I still use those tools every day.
Jimmy told people to live within their economic means and was voted out. Ronnie told people to spend like drunken sailors and go into financial debt and he's considered a great President.
Carter told people national and financial decline was irreversible. Reagan reversed it. He didn't tell people what to do, he got government out of their way so they could do it. When Reagan started running for his first term, the US had simultaneous double digit inflation and double digit unemployment (a state of affairs that was not supposed to be possible according to Keynesian economics [the favored system of Democrat economic policy]). There was an "oil embargo" being imposed on the west by the Middle Eastern powers of OPEC, to force up the price of oil. Jimmy Carter responded by turning the thermostat down in the White House, turning off the "eternal flame" JFK memorial to save gas, and appearing for national addresses from the White House in a sweater, addresses in which he spoke of a "national malaise", and basically urged us to accept a future of perpetual decline. Carter had engineered the replacement of the Shah of Iran, a Western ally, with the Shiite radical regime of the Ayatollahs, a pustule on the world body politic that plagues us till this day. Ayatollah Khomeini promptly showed his gratitude by taking the Tehran embassy personnel hostage. The MSM (then still a monopoly, for the most part), took to opening each night's news broadcast as "Day such and such of the Iran Hostage Crisis". They were so delighted at the humiliation of the US that they forgot the impact that such coverage would have on the presidential election (a mistake they have never made since). When it became clear that this might actually threaten Carter's second term prospects, Carter ordered a rescue operation. But he had so eviscerated the military budget and consequently degraded the maintenance that the helicopters broke down in the desert and the operation had to be called off. Carter also did some other things that have not been reversed, and continue to plague us to this day. Two of them, the legalization of public sector labor unions, and the establishment of the US Department of Education are responsible for the abject devastation of our educational system, the leveraging of public assets for partizan political purposes, and the growth of the deep state. But I digress. When Reagan ran against Carter for his first term, he was one of the few presidents in history to win with an actual popular vote majority (most win with a plurality). Here is the spread: Electoral College; Reagan 489, Carter 49; Popular Vote; Reagan 51%, Carter 41%, Anderson 7% (Anderson was one of the Republican candidates who lost the Republican primary to Reagan. Conventional wisdom says he would pull more votes from Reagan than Carter, which is why the MSM puffed him so much). After Reagan won, but promptly before he could take office, Iran released the hostages. In short order Reagan relit the JFK memorial flame, deregulated the oil industry in such a way as to encourage domestic oil production and energy and began implementing a new military/diplomatic strategy for the cold war centered on winning. He got a tax cut proposal through congress. By the time his candidacy for a second term had rolled around, his vindication was undeniable. The economy was turning around, we were becoming more energy independent, and the Cold War prospects were improving in a revolutionary manner. You mention campaign slogans, he was basically able to use the same slogan against Mondale that he used against Carter: "Are you better off now than you were 4 years ago?" There was no need for cleverness. Reagan touted a strong economic recovery from the 1970s stagflation and the 1981-1982 recession, as well as the widespread perception that his presidency had overseen a revival of national confidence and prestige. At 73, Reagan was, at the time, the oldest person ever to be nominated by a major party for president. The Reagan campaign produced effective television advertising and deftly neutralized concerns regarding Reagan's age. Mondale criticized Reagan's supply-side economic policies and budget deficits and he called for a nuclear freeze and ratification of the Equal Rights Amendment. Reagan touted a strong economic recovery from the 1970s stagflation and the 1981-1982 recession, as well as the widespread perception that his presidency had overseen a revival of national confidence and prestige. At 73, Reagan was, at the time, the oldest person ever to be nominated by a major party for president. The Reagan campaign produced effective television advertising and deftly neutralized concerns regarding Reagan's age. Mondale criticized Reagan's supply-side economic policies and budget deficits and he called for a nuclear freeze and ratification of the Equal Rights Amendment. Reagan won a landslide re-election victory, carrying 49 of the 50 states, making this the second election in the 20th century in which a party won 49 states. Mondale won only his home state of Minnesota with a 0.18% margin, and the District of Columbia. Reagan won 525 of the 538 electoral votes, the most of any presidential candidate in U.S. history. In terms of electoral votes, this was the second-most lopsided presidential election in modern U.S. history; Franklin D. Roosevelt's 1936 victory over Alf Landon, in which he won 98 percent or 523 of the then-total 531 electoral votes, ranks first. Reagan won 59 percent of the popular vote to Mondale's 41 percent. His popular vote margin of victory-nearly 16.9 million votes (54.4 million for Reagan to 37.5 million for Mondale)-was exceeded only by Richard Nixon in his 1972 victory over George McGovern. Reagan was also the first president since Dwight D. Eisenhower to be re-elected while winning absolute popular vote majorities in both of his presidential campaigns. Reagan, at 73, would be the eldest elected president until the election of Joe Biden in 2020. As of 2020, no Republican candidate has since won New York, Washington, Massachusetts, Oregon, Hawaii, or Rhode Island. Wisconsin would also not go Republican again until Donald Trump narrowly won the state in 2016.he second election in the 20th century in which a party won 49 states. Mondale won only his home state of Minnesota with a 0.18% margin, and the District of Columbia (the latter by a landslide, of course, deep state country). Reagan won 525 of the 538 electoral votes, the most of any presidential candidate in U.S. history. In terms of electoral votes, this was the second-most lopsided presidential election in modern U.S. history; Franklin D. Roosevelt's 1936 victory over Alf Landon, in which he won 98 percent or 523 of the then-total 531 electoral votes, ranks first. Reagan won 59 percent of the popular vote to Mondale's 41 percent. His popular vote margin of victory-nearly 16.9 million votes (54.4 million for Reagan to 37.5 million for Mondale)-was exceeded only by Richard Nixon in his 1972 victory over George McGovern. Reagan was also the first president since Dwight D. Eisenhower to be re-elected while winning absolute popular vote majorities in both of his presidential campaigns. Reagan, at 73, would be the eldest elected president until the election of Joe Biden in 2020. As of 2020, no Republican candidate has since won New York, Washington, Massachusetts, Oregon, Hawaii, or Rhode Island. Wisconsin would also not go Republican again until Donald Trump narrowly won the state in 2016.
What's funnier is how Dan grows pot for dispensaries, and is real smooth about keeping his mouth shut. All the greats he knew that died from ODing, and seeing what fenty has been doing, he could have helped U.S.
Yea, because we dropped being on the gold standard, so our economy was then based on commodities. Being the energy hungry country we were (avg fuel mileage was around 12mpg, I believe) and highly dependent on oil-based fuels, once OPEC realized they had control of how much money they could make, they shut off the pumps to drive up the prices. That's the springboard which everything energy wise (including our economy) has been since then. The inflation resulted from that. Carter pushed to get us off oil, but the US had too much based on it to pivot. It was a messy few years.
Sounds absolutely hilarious and ridiculous right? Well it’s exactly the reality of what is happening under these democrats. Still think it’s funny? I don’t.
What people don’t realize is inflation issues are global. It isn’t an American issue. The WORLD is experiencing the problem. It isn’t American politics. It’s GLOBAL.
Republican presidents since (and including) Regan have increased the deficit whereas every Democrat president since then has lowered it (with Clinton ending with a surplus). Republicans, by creating/increasing the deficit, caused the money to be worth less and typically recessions start during their terms and end in the following Democrat terms when the deficits are addressed. The US printed money during the past two recessions (2008 & 2020) at the end of the Republican terms, and followed up during the Democrat's terms. The idea was to perform a "soft landing" instead of a depression (lessons learned from past). And this current one is looking like the soft landing.
@@JL-rv9lm That's nice. Tell it to the families that are struggling with high inflation. The DJI isn't the only thing that got higher during the last 3 1/2 years.
It’s actually true. The catch is. A million isn’t a million anymore. You’re not rich now unless you’re a multi millionaire. 10 or more in fact. In those days a person with a million dollars in liquid wealth had F you money. Today that same guy better keep his head down. Or he will be broke shortly.
A reminder why Carter was considered a crappy Prez. Yes, Biden definitely took the crown, but this skit isn't too far off the mark. Yet another crappy pinhead Democrat.
At least neither of them were convicted of rape, fraud, and 34 counts of cooking the books to hide the fact you were trying to write your whores off as a business expense.
About 1/2 of what people are calling inflation is corporate price gouging in disguise. Oil companies started price gouging an the other big corporations have followed suit. Record profits are following those record prices...
And don't forget about all of that "off-budget" Republican war in Iraq, or those Republican tax cuts that never paid for themselves. If you think deficits are a one-party problem, you are letting TV pundits do your thinking for you.
Ironically wages have increased about zero percent since this clip. If you want to blame someone, blame the ignorant electorate that listened to the retarded idea of Reaganomics. Inflation today is Trump's fault, because he was so worried about Wall Street taking a shit when COVID started he stonewalled on any real measures until it was too late. The American electorate is so ignorant we keep handing the reigns of power to the people who want to fuck you the most.
It's not the printing of money, it's banks extending so much credit in the form of credit card purchases. Digital currency is fueling all the pluses and minuses associated with our modern economy. Thanks, Dan.
I remember seeing this when it first ran. Since then, I've discovered that inflation is the rate at which people realize that fiat currency is essentially worthless.
Inflation is actually good.... If you're already wealth as F and have assets that blow up in value because of it. It's like stock trading. Buy low, sell high. Unfortunately, most people get eff'edd.
The real funny thing about this is that Dan Aykroyd and the audience who are laughing still voted for Jimmy Carter's inflation, just like Hollywood liberals and the SNL audience today will vote for Kamala Harris' inflation.
Back when people were actually learning what inflation was. And a lot of people are STILL LEARNING. Young people especially are not being taught basic economics like this and how it affects them. I know that even back when I was a kid we didn't learn that. I had to teach myself about economics as a young adult to make up for what school wasn't addressing. But at least we learned how to balance a checkbook!
Yep! And the next bit we’ll all be living is Chris Farley’s. When we’re all “LIVING IN A VAAAN, DOWN BY THE RIVER!!” Opps! That’s already come true, too.
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The politicians didn't understand this was a joke.
I mean, 1984 was a novel, yet theyve decided it was an instruction manual.
@@jefferydraper4019 I am 55 and this is deep
I think they took it as an instructional on monetary policy...
"Hey, this is Jimmy. Print some more 20s!"
It actual gave them an idea
The crazy thing is taxes for the corporations were twice as high and taxes for the 1% were 3 times higher then. Wonder why there's such national debt.
When comedians made fun of idiocracy no matter what side.
When comedians go along with the idiocracy because they were told to…that’s where we are now.
@@mtamech535Comedians go along with and cover for the Idiocracy because it's their boy (or girl) in office.
They haven't stopped doing that
They could even make jokes about economics because everyone understood it.
Wow making fun of democrat Jimmy Carter. SNL has full blown democrat now. Only pokes fun of republicans and their ratings have tanked and that makes me happy :-)
it hurts my feelings how well this aged.
To repeat history. You must control the narrative of history. It was always like this. It will be like this until the plebs rise from the swamp of red team blue team. Realizing it's about team owners vs team members. Not about which team you are on.
Warned
it hurts my billfold.
Wait until KumSwalla gets elected; she’s going to show Biden and Carter how it’s done. 😀😃😄
They had no idea how inadvertently prophetic this would be.
You know, in a way I think they knew. There's been a plan in place for generations to depopulate the world and eventually tear down America and other free countries. To promote communism. It's been a plan for a long time behind the scenes.
they did
They knew. Do we think we are the first to experience this? Carter was a freaking joke
Pssssst, yes they did.
They didn't believe anyone would be ignorant enough to let it continue.
Before Zimbabwe fell years ago, I saw people on national news trying to start a fire with Zimbabwe dollars saying “I’m a billionaire and I cannot afford to buy food“.
I believe Zimbabwe is now on the gold standard. I'm interested to see how that will turn out.
@@langelle1
Wakanda......forever?
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
@@langelle1 Yeah, I'll bet you are. How crazy and stupid are you going to allow yourself to become?
It's almost 20 Mexican Pesos to the Dollar from what I just read. It seems like there used to be a much bigger difference. I know that when Mexican 'migrant' workers I worked with got paid, they would send every dollar they could back to their families. Services charge to wire that money and would compete to do it for less and word would get around and everyone would find out and change over to the place with the lowest rate. That fact has always been in my mind in the immigration issues that we've seen escalating.
So, I just looked up the historic rate and in 1988 there were 24 Pesos to the Dollar. They kept using $100, so I moved the decimal point to compensate. I know with the national dept flying like it has warp engines, the value of the dollar has been dropping, so perhaps since both currencies are in free fall, it's merely a relative thing.
This is how Modern Monetary Theory was born. Stephanie Kelton watched an SNL skit when she was 9, took it seriously and now we are all fucked.
Janet Yellen in action .
That is funny. But I wouldn't be surprised if it's true.
"Hey, this is Jimmy! Print some more 20s."
This is actually what our leadership did during Covid. And now we act surprised when everything is way more expensive.
And yeah, it's both parties.
They were just making fun of the situation at the time, not inventing it.
@@albertosillywhips7281 People don't seem to make the connection. Trump actually advocated for negative interest rates. That is inflation. The fact interest rates have gone up to 5% is a healthy sign. The government has been bailing out the banks for the 2008 collapse by in effect giving them free money to lend. That is the definition of inflation. Can you imagine the government giving GM cars for free then letting them sell them at list price? They couldn't help but make money. Oh that's basically what they are doing for Tesla with the incentives. You would think Musk would be more supportive of the Democrats since their policies to encourage EV's are the only reason he is a rich man. People of all economic status are weird.
In the 1970's this was considered a joke, today it is a reality and they're not even trying to hide it.
Was serious then. You think we have inflation now? Try 18%!
"They," because being part of society is not as real as being a victim of it.
It may have been considered a joke but it was reality even back then.
@@paulnicholson1906 But people didn't pretend inflation was good or that printing money didn't cause it. Both of those things happened in the last three years, the latter STILL being a serious talking point for blue team.
@@TuhljinTampergauge The largest impact on inflation was the 8 trillion dollars in debt the Trump administration ran up. If you don't think that is printing money you are nuts.
When we had freedom of speech and could make jokes, without getting sued!
Or arrested
No crybully snowflakes back then.
george carlin was arrested for violating obscenity laws. in 1972. freedom of speech has always been a battle line among comedians. that's where we often find the limits of what society will tolerate. so called "cancel culture" is literally just the free market of ideas rejecting certain viewpoints and telling those comedians they aren't funny.
and if you bring up college students protesting conservative speakers, what do you think those protesters are engaged in?
@@mfsebcwwas Carlin deterred or did he continue? He fought and comedians who followed were more obscene than Carlin So society sided on side of free speech and free choice. Cancel culture supports neither.
@@JayQuellin1 Oh, there were but they didn’t have social media where they could band together in a snowflake army.
Its a shame SNL knows more about inflation than janet yellen.
Consider this--the AUDIENCE knew more about inflation. If the audience didn't understand it, the joke wouldn't land. The audience of 18-39 year olds THEN knew more about inflation than 18-39 year olds do NOW.
Don't be foolish. Yellen ran the Fed, she knows more about inflation than any of us.
She isn't ignorant. She is simply lying. She is evil
When SNL was actually good
Ya, it has sucked balls for years
It was great back then on TV. Now ugh.....
Is that Dan Akroyd?
@@mattfoltz7752 yes
@@jdwillis007 thought so.
They also read 1984 and said, "Let's turn this into reality."
for a lot of people, joking about an intolerable thing is the first step towards making it tolerable
You mean, the concerns for future elections?
L
@@slipjones2 Don't worry, you may never have to vote again after this one.
Laugh or cry, I laugh, other wise I would cry.
Did Chaplin's "Great Dictator" make everyone like Hitler?
"Who controls the foods can control a region;
who controls the fuels/ energy can control a continent;
who controls money can control the world." - Henry A. Kissinger
They are definitely working on this.
@@kanenomojaWtf is they?
Vladimír Putin begs to differ.
And he who controls the spice, controls the universe...
@@Trueflights i.e., transportation fuel. (The main thing "the spice melange" was used for in the _Duneiverse_ if you read the novels)
Dan Akroyd was my favorite. Bass-o-Matic, lol.
Dell Stator’s Toad Ranch🤣
Even that was prophetic. Can you say "Will It Blend?" 😆
"Fred Garvin, Male Prostitute"
Erwin Mainway…Johnny Combat Action Costume …””this item is very popular in Texas and Detroit!”LOL 🤣😂
Don't forget Bag O Glass
Back when SNL was actually funny. 😂
And actually live
Unfortunately, people are making the most they’ve ever made in their lives and they still need two incomes to get by!
Worse yet is those who saved up for retirement an amount that would of supported them for decades has been cut in half. Printing more dollars doesn't make their saving go up it goes down. They will hit 80 and have to go back to work.
And not be able to pay for health insurance and costs. Brilliant bunch of bozos😳
I’m 41. I went to work at 15, worked through high school, put myself through college and nursing school. When I was 31, a yr after I had my only child, I was diagnosed with a slow-growing brain cancer that required an immediate craniotomy, though it quickly grew back and has resulted in my having seizures. My husband got sick a few yrs ago and hasn’t been able to work or get approval for disability. I’m now trying to get back to work so that I can support our family. Ten yrs ago, five yrs ago, we could make it, albeit slightly and tight, with my disability and a little assistance here and there from family for my daughter. Now, even despite cutting us back to nearly nothing-I don’t even have a car-I can’t make ends meet in a home that’s paid for. I tried to get qualified for more state assistance, but I was told I draw $38 too much. We’re blessed to just have a roof over our heads and my child homeschools, so I don’t have to worry about her wanting the latest fashion. Yet, my heart breaks when I know she’s hungry, and I am too, but there’s nothing I can do about it, because half of my disability is gone before I ever see it. Many have the option of food banks, etc.. but I couldn’t get to anything, even if I wanted to. The last time I did, the food was out of date, my child has dietary requirements, so it was futile. So, hopefully, I’m praying I can get someone in the fam to help pay for my nursing license renewal, because I don’t have the money for that, and I pray God doesn’t let the cancer grow or the seizures return so I don’t automatically get fired. If I can get anyone to actually hire me…
@mattdaugherty7865
Yeah but when a fast food hamburger cost $5 and a gallon of milk cost seven and gas is $4 a gallon that salary doesn't look so big now does it. When I buy stuff I usually write it on the receipt or write on the item. Then 10 years down the road I can look up that price and see what I'm going to have to pay for it now in general it's double or triple for many things compared to 20 years ago and don't even get me started on 40 years ago.
@Smedley1947 salary for you used to be 50 cents a day working at a diner, but today working at a diner counter you make 20 bucks an hour come on
I love Dan! The days of great comedians with wit, they made fun of EVERYONE and WE all laughed!
Because we all had common sense and knew this was stupid and no one could be that dumb, but it has happened and yes, we do have very stupid people or evil thinking people now who want what the devil wants to destroy mankind and think there is no God, or the god of darkness is powerful what fools.
@@gamenrage5998how about when he owned miss teen America and discussed his love on public radio going back stage. Ya god loves that kinda of stuff (it’s all there for you)
@@gamenrage5998god also loves when someone works an honest day and the person that hired decides not to pay. I am sure god loves that..
@@gamenrage5998how about when …. List goes on and on and on …
@@slipjones2How about the guy who forced himself into the shower with his young daughter and made her scared to shower in the daytime? Yeah, you voted for him.
Thank You! I have been trying to find a copy of this video for years. It was so spot on when it first aired and I've never forgotten ti. You have made my day.
I think it's in the SNL season 2 dvd set
Millionaires and starving!
Except most Americans still make under $50k a year while still paying inflated prices.
@twoeightythreez And when those Americans make 100k, they still will be starving. It's called inflation. The bottom will always be the bottom.
Billionaires are starving, adjusting for infaltion
@@theo21021 If wages kept pace with the last 40 years' inflation, inflation wouldn't be an issue, would it? But oh no, those poor millionaires NEED MORE, how will they ever survive in these trying times?
Greed and price gouging is NOT INFLATION
@@rustneversleeps01 oh yeah, those poor billionaires, having to ask for donations from people who make less than $65k oh however will those poor billionaires ever survive
The Not Ready For Prime Time Players 🤣
The best group on SBL ever!
I bet that’s why when you go to some countries that their currency has denominations in thousands and millions. A manifestation of reaching the advanced stage of inflation.
Yes, Zimbabwe actually has One Hundred Trillion Dollar notes... and signs in their public restrooms saying "please do not flush currency" (it's cheaper to use the bills to wipe than it is to purchase actual toilet paper with them...)
*****The More You Know*****
Ain’t it the TRUTH; “I’ll just print MORE MONEY”. Roll out them $100s.
Very republican-coded. Any time anybody mentions the deficit, it’s republicans. Despite them also being the cause. I’m less versed in Reagan’s presidency, but given the term “trickle down economics” comes from him, he started rolling the boulder.
I do know for certain during the Trump administration they attempted passing a tax break for the rich (before Covid).
It was mentioned not long after this tax break, that the deficit was too large. When they were the ones who caused it by reducing tax revenue. Their proposed solution? Delay the age of retirement or remove social programs entirely.
So what’s their goal for a balanced budget? Tax breaks for the rich, reduce social programs for the middle and lower classes.
And blue collar people still vote red because of social issues. That’s not what Republican politicians care about or are lobbied to enact.
They care about rebalancing the budget to harm the middle class and help the rich. The gap between the middle class and the rich has never been bigger than this point in America’s history, and they still wish to pass more tax breaks.
That is exactly how a child thinks about money.
A thousand trillionaires in the USA in 2024 and everyone else paying for their theft.
Truth is stranger than fiction
So hilarious! He even made sure to flash the Freemason hand sign! Ha ha ha! Um wait…
Yeaaah 😭
I still remember this video well from when I was a young kid watching this live.
Yes, I must've been around 15 or 16 when this ran....
When I shop for food, my wife always says I don’t save money. Now she doesn’t either!!
There used to be sales, specials, coupons, etc. these days, you can't save a penny!
And remember....less is more.
Decades of shipping jobs overseas, borrowing money, selling weapons to enemies like Iran, and monopolization - all once touted as "free market enterprise" - also contributed to current problems.
i bought my first car duing the carter. %17.25 interest.
And you freely show your ignorance to all? Blaming Carter for high interest rates is either faction related or stupidity. Who took the US off the gold standard and tied the US dollar to oil? Who is in charge of interest rates? Who is a dumb mother trucka? Some of the answers are Nixon and one is you.
Yeah I borrowed 500 Interest 16.5 rates
My house was at 10% interest
My car was at 19% interest
My house was 19%
I bought gold and made a fortune. Too bad for you!!!
*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*
There's wonder working power in following Kingdom principles on giving and tithing. Hallelujah!
But then, how do you get all that in that period of time? What is it you do please, mind sharing?
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus
Big thanks to Ms. Susan Jane Christy❤️✨💯May God bless Christy Fiore services,she have changed thousands of lives globally
How can I start this digital market, any guidelines and how can I reach out to her?
Wow SNL must have had a writer on staff that was a descendant of Nostradamus Carter to Biden. Spot on!!!!
No, if it was Veggie Joe, he would be mumbling incoherently, and we would need the transcript days later to tell us what he said.
@@jefferydraper4019 😆
@@jefferydraper4019Jeff, there is only ONE senior citizen with dementia in this race now 😂😂😂 Trump is the oldest guy to EVER run, and he’s obese and eats fast food everyday LOLOL
Wow, Biden is to blame for Pandemic caused worldwide inflation. All powerful. Nice.
Inflation was caused by Trump and Bidens stimulus, sending checks in the mail to people, which Trump initiated and Biden continued. Biden didnt do it as big as Trump wanted. if he had won the election, we would have had inflation under Trump as much as under Biden, one could argue maybe even worse because Trump would have brow beaten Powell into keeping interest rates low in spite of the inflation.
Both left and right are embracing Voodoo, nonsensical, populist economics that blames inflation on external factors (“not our fault” or “regulations” or “not drilling” or “corporate greed”) Instead of this helicopter money from the FED which conspired with the federal government to flood the economy with money, resulting in inflation.
He should of had a can of Billy beer.
you mean butt lite?
When satire becomes reality.
😢
This sort of benevolent stupidity is preferable to the reality. The reality is a handful of very wealthy and powerful people endlessly borrowing against themselves. It doesn't matter who is in power, as long as they can do this with no meaningful consequences to them, it will continue to happen. The system becomes flooded with money, but those who get it last get it when it has less value.
That’s where they got it from! 😂
Wow…and here we are but it’s not a joke
The house I lived in during the 60s and 70s in Santa Barbara cost $25000. Zillow says it would now cost $1.1 MILLION dollars. That’s inflation folks.
Not inflation supply and demand
@@thomassmith6762lmao how clueless you are
@@IdleRain to be fair it's probably a combination of both inflation and s&d
That's not inflation ,but it's caused by inflation .
Inflation of the money supply .
Thank goodness Reagan saved us all with genius trickle down economics
They put a crony from Goldman-Sachs a Secretary of Treasury.
I can remember on Mondays at work talking about the Saturday Nite Live we watched over the weekend.
Under Carter, I couldn't buy a job for over a year. Good man, HORRIBLE President
The VC boat people loved him .
Yeah, he made me a Republican!
@@danarcotta1283 couldn’t wait for Reagan, Your right good humanitarian, lousy president
you buy jobs?
He was better than Biden
So even way back then he was mocking the illuminati power pyramid hand sign 🔥🔥
Dan as Jimmy, classic SNL. Federal reserve is a ponzi scheme.
Sounds like Justin Trudeau and the Liberal party!
Every Liberal party, I think... God alone knows why, how and when they all unified like this...!! (United States Democrats and Trudeauian Liberals both appear to me to be pursuing the same objective: turning We the People into serfs while keeping themselves in power in perpetuity/forever/until they're the only ones in living memory to have run things...!
Every time I hear a politician say they’re going to increase minimum wage I cringe. First of all, the employer has to raise the price to their product. Social Security and Medicare that comes out of our paychecks the employer also has to match. The only one benefiting from this is United States Government.
This assumes that people are willing to purchase the same product at higher prices.
If the consumers do so, yes they will increase the price to offset the new increased wage they have to pay workers.
If the consumers do not do so, the company has 2 options:
1.) Reduce workforce to make up for margin.
2.) Be content with lower profits.
So they obviously begin cutting workers. And almost never middle-management, instead the part that’s closest to interacting with the customers.
The company either overworks their workers due to the shortage they caused, or loses employees frequently due to too high of a workload and struggles to staff their establishment potentially causing it to fail.
If they accepted at any point in this process, a diminishment in profits, and kept everything the same, often these companies would stay afloat. They don’t want to entertain that idea as an option though.
As somebody who knows people behind the scenes on restaurants, the profit they make, even after worker’s fees on the new prices post-Covid is absurd and way better than they were doing prior.
Nobody is establishing boundaries of what is an acceptable amount that they will no longer purchase a product at.
If you read all of this congrats. It’s long, but an insight into why we see inflation.
@@Exisist5151 In the US people just pay and complain, but continue to vote against their best interest.
The recent inflation was due to supply chain shortages, but when the shortages went away, the prices didn't drop, the providers of goods just pocketed the extra income when their COG dropped. And they were able to do so because of weakened legislature against monopolization of the marketplace.
The people complained about the higher prices, but keep voting in politicians who loosen these regulations, allowing companies in the US to charge more domestically than internationally (reports last week for just pharma places that at 2.4 - 4 times as an average, with some items 10-100 times). And yet they still buy the items at the inflated prices (when they have a choice for less costly items).
So yea, it's their own damn fault they pay more.
Been searching for this and another clip where he ends with "I believe the term is 'let's party!" Same type of speech. Been searching for THREE YEARS for this clip. Thank you.
Ayn Rand..didnt she collect social security and medicare after she rallied against them!
I'm not sure what your point is? I will cuss out and speak against the irs, but I am not going to turn away my refund. Ayn Rand paid into social security and Medicare. Why should she pass on money that she paid?
I started smoking when Carter was president. Over the years, I realized that I started smoking BECAUSE Carter was president.
WOW!!! What did you do when Trump was president?? Sniff glue?? 😳😳
@@SeptemberChild1835 No. I only started huffing when Biden became president.
Fact: My father had some C.D.'s when Carter was President. He was getting 21% on his money. They were from a savings & loan company in Long Beach, Ca. I don't think there are any more savings & loans out there anymore. They sort of disappeared during the Reagan administration.
Lincoln Fed!😉
John McCain was involved in one of those scams in AZ. Thats where a lot of his money came from.
@@AZVIDS Sounds familiar. May have been part of that Keating group.
I saw a good meme that said Gavin Newsome is going to raise the minimum wage in CA to help people afford the price increases resulting from the last minimum wage increase.
I've young leftist argue, today, that that's exactly what our government should do with complete sincerity. The ignorance of what are supposed to educated adults is terrifying. Can't help but fill the doom coming for us all.
I went to a small town in Italy once to buy some very nice sculpting tools from the old guy who still made them. I picked out a couple fistfuls of tools from their selection and when they tallied it up, they told me it was 1 million. Lira. I was surprised. I told my host that I never thought I would ever HAVE a million ANYTHING, much less spend a million in a single purchase. At the time, that was around a thousand dollars US. Money well spent. 40 years later I still use those tools every day.
I’ve literally heard people say “why don’t they just print more money” they really don’t get it.
WELCOME TO CANADA and FJT and his LIEberals.
Jimmy told people to live within their economic means and was voted out. Ronnie told people to spend like drunken sailors and go into financial debt and he's considered a great President.
Carter told people national and financial decline was irreversible. Reagan reversed it. He didn't tell people what to do, he got government out of their way so they could do it.
When Reagan started running for his first term, the US had simultaneous double digit inflation and double digit unemployment (a state of affairs that was not supposed to be possible according to Keynesian economics [the favored system of Democrat economic policy]). There was an "oil embargo" being imposed on the west by the Middle Eastern powers of OPEC, to force up the price of oil. Jimmy Carter responded by turning the thermostat down in the White House, turning off the "eternal flame" JFK memorial to save gas, and appearing for national addresses from the White House in a sweater, addresses in which he spoke of a "national malaise", and basically urged us to accept a future of perpetual decline.
Carter had engineered the replacement of the Shah of Iran, a Western ally, with the Shiite radical regime of the Ayatollahs, a pustule on the world body politic that plagues us till this day. Ayatollah Khomeini promptly showed his gratitude by taking the Tehran embassy personnel hostage. The MSM (then still a monopoly, for the most part), took to opening each night's news broadcast as "Day such and such of the Iran Hostage Crisis". They were so delighted at the humiliation of the US that they forgot the impact that such coverage would have on the presidential election (a mistake they have never made since). When it became clear that this might actually threaten Carter's second term prospects, Carter ordered a rescue operation. But he had so eviscerated the military budget and consequently degraded the maintenance that the helicopters broke down in the desert and the operation had to be called off.
Carter also did some other things that have not been reversed, and continue to plague us to this day. Two of them, the legalization of public sector labor unions, and the establishment of the US Department of Education are responsible for the abject devastation of our educational system, the leveraging of public assets for partizan political purposes, and the growth of the deep state. But I digress.
When Reagan ran against Carter for his first term, he was one of the few presidents in history to win with an actual popular vote majority (most win with a plurality). Here is the spread: Electoral College; Reagan 489, Carter 49; Popular Vote; Reagan 51%, Carter 41%, Anderson 7% (Anderson was one of the Republican candidates who lost the Republican primary to Reagan. Conventional wisdom says he would pull more votes from Reagan than Carter, which is why the MSM puffed him so much).
After Reagan won, but promptly before he could take office, Iran released the hostages. In short order Reagan relit the JFK memorial flame, deregulated the oil industry in such a way as to encourage domestic oil production and energy and began implementing a new military/diplomatic strategy for the cold war centered on winning. He got a tax cut proposal through congress. By the time his candidacy for a second term had rolled around, his vindication was undeniable. The economy was turning around, we were becoming more energy independent, and the Cold War prospects were improving in a revolutionary manner. You mention campaign slogans, he was basically able to use the same slogan against Mondale that he used against Carter: "Are you better off now than you were 4 years ago?" There was no need for cleverness.
Reagan touted a strong economic recovery from the 1970s stagflation and the 1981-1982 recession, as well as the widespread perception that his presidency had overseen a revival of national confidence and prestige. At 73, Reagan was, at the time, the oldest person ever to be nominated by a major party for president. The Reagan campaign produced effective television advertising and deftly neutralized concerns regarding Reagan's age. Mondale criticized Reagan's supply-side economic policies and budget deficits and he called for a nuclear freeze and ratification of the Equal Rights Amendment.
Reagan touted a strong economic recovery from the 1970s stagflation and the 1981-1982 recession, as well as the widespread perception that his presidency had overseen a revival of national confidence and prestige. At 73, Reagan was, at the time, the oldest person ever to be nominated by a major party for president. The Reagan campaign produced effective television advertising and deftly neutralized concerns regarding Reagan's age. Mondale criticized Reagan's supply-side economic policies and budget deficits and he called for a nuclear freeze and ratification of the Equal Rights Amendment.
Reagan won a landslide re-election victory, carrying 49 of the 50 states, making this the second election in the 20th century in which a party won 49 states. Mondale won only his home state of Minnesota with a 0.18% margin, and the District of Columbia. Reagan won 525 of the 538 electoral votes, the most of any presidential candidate in U.S. history. In terms of electoral votes, this was the second-most lopsided presidential election in modern U.S. history; Franklin D. Roosevelt's 1936 victory over Alf Landon, in which he won 98 percent or 523 of the then-total 531 electoral votes, ranks first. Reagan won 59 percent of the popular vote to Mondale's 41 percent. His popular vote margin of victory-nearly 16.9 million votes (54.4 million for Reagan to 37.5 million for Mondale)-was exceeded only by Richard Nixon in his 1972 victory over George McGovern. Reagan was also the first president since Dwight D. Eisenhower to be re-elected while winning absolute popular vote majorities in both of his presidential campaigns.
Reagan, at 73, would be the eldest elected president until the election of Joe Biden in 2020. As of 2020, no Republican candidate has since won New York, Washington, Massachusetts, Oregon, Hawaii, or Rhode Island. Wisconsin would also not go Republican again until Donald Trump narrowly won the state in 2016.he second election in the 20th century in which a party won 49 states. Mondale won only his home state of Minnesota with a 0.18% margin, and the District of Columbia (the latter by a landslide, of course, deep state country). Reagan won 525 of the 538 electoral votes, the most of any presidential candidate in U.S. history. In terms of electoral votes, this was the second-most lopsided presidential election in modern U.S. history; Franklin D. Roosevelt's 1936 victory over Alf Landon, in which he won 98 percent or 523 of the then-total 531 electoral votes, ranks first. Reagan won 59 percent of the popular vote to Mondale's 41 percent. His popular vote margin of victory-nearly 16.9 million votes (54.4 million for Reagan to 37.5 million for Mondale)-was exceeded only by Richard Nixon in his 1972 victory over George McGovern. Reagan was also the first president since Dwight D. Eisenhower to be re-elected while winning absolute popular vote majorities in both of his presidential campaigns.
Reagan, at 73, would be the eldest elected president until the election of Joe Biden in 2020. As of 2020, no Republican candidate has since won New York, Washington, Massachusetts, Oregon, Hawaii, or Rhode Island. Wisconsin would also not go Republican again until Donald Trump narrowly won the state in 2016.
The number of people who don't think that's a joke is alarming.
I REMEMBER WATCHING SNL WHEN IT FIRST CAME OUT ...
The first two years were the best of the next twenty two.
Good for you, Boomer.
"MORE COW BELL" "OH NO MR. BILL" Eddy Murphy as " Buckwheat" That SNL was hilarious.
Brandon makes the peanut farmer look competent
Politicians in the US in the 70s:
"WRITE THAT DOWN! WRITE THAT DOWN!!"
What's funnier is how Dan grows pot for dispensaries, and is real smooth about keeping his mouth shut. All the greats he knew that died from ODing, and seeing what fenty has been doing, he could have helped U.S.
He's from Canada genius.
@@sinistersmoke8408 Living near Chicago.
Dan Aykroyd is a legend.
Dan nailed it down 😁👍
That was when Jimmy Carter was president. Home loans were running around 15% and we had hour long lines for gas when we could get it.
Yea, because we dropped being on the gold standard, so our economy was then based on commodities. Being the energy hungry country we were (avg fuel mileage was around 12mpg, I believe) and highly dependent on oil-based fuels, once OPEC realized they had control of how much money they could make, they shut off the pumps to drive up the prices. That's the springboard which everything energy wise (including our economy) has been since then. The inflation resulted from that. Carter pushed to get us off oil, but the US had too much based on it to pivot. It was a messy few years.
Sounds absolutely hilarious and ridiculous right? Well it’s exactly the reality of what is happening under these democrats. Still think it’s funny? I don’t.
And the establishment Republicans.
That was the true GOOD SNL that don’t have it that good these days
What people don’t realize is inflation issues are global. It isn’t an American issue. The WORLD is experiencing the problem. It isn’t American politics. It’s GLOBAL.
Yes but U.S. policy drives much of the global economy. So American politics is extremely important.
Jimmy WAS the worst president until Joe outdid him.
Pretty scary how exact it is.
These were the best comedians back in the 70,80,90's😂
My god....this is Obama and Biden rolled into one. "Just print more money! Nothing bad can happen!"
You Obama and Biden confused for Reagan, both bushes and the incontinent incompetent marmalade man
Trump cultists are bad at history. Look at deficit under trump versus any democrat president.
Reality called. It said you left your marbles all over the floor when you left ...
All them in one
Republican presidents since (and including) Regan have increased the deficit whereas every Democrat president since then has lowered it (with Clinton ending with a surplus). Republicans, by creating/increasing the deficit, caused the money to be worth less and typically recessions start during their terms and end in the following Democrat terms when the deficits are addressed.
The US printed money during the past two recessions (2008 & 2020) at the end of the Republican terms, and followed up during the Democrat's terms. The idea was to perform a "soft landing" instead of a depression (lessons learned from past). And this current one is looking like the soft landing.
Dan aykroyd is a genius! Absolute comedic genius!
And " 81 million " people still find economic insolvency funny.
Heh........ You mean 50M plus the ballot mules.
@@pH7screwtube Something like that.
DOW at 40,000. Orange Donnie bragged when it hit 20,000.
@@JL-rv9lm You must be a Diim (a very slow one). It was 36K when Trump was inoffice.
@@JL-rv9lm That's nice. Tell it to the families that are struggling with high inflation. The DJI isn't the only thing that got higher during the last 3 1/2 years.
This is more like a JOKE surfaces reality and the truth.
Dan Aykroyd done a good Jimmy Carter, but when he was really good that was Tom Snyder, he was more like Tom Snyder than Tom Snyder was
Ok quick, when did tom snyder disappear.😅
Tom Snyder was great!
Got most of it right, except wages. They didn't keep up with inflation at all, falling way short
Only the everyone a millionaires 1:26 part but the rest so on point . Never let everyone bc then there 20 mil net worth worth lot less
Oh, the government is convinced we are all millionaires, that is actually accurate.
@@enriquejoseantequerasanche6180 yea when 0@ % of us are not
I'm sure you're trying to say something
but the number of millionaires explode since then. so much that the "millionaire" meaning of that time "a ridiculous rich people" is now billionaire.
It’s actually true. The catch is. A million isn’t a million anymore. You’re not rich now unless you’re a multi millionaire. 10 or more in fact. In those days a person with a million dollars in liquid wealth had F you money. Today that same guy better keep his head down. Or he will be broke shortly.
Great clip!! We're all gonna be millionaires! 🤑
A reminder why Carter was considered a crappy Prez. Yes, Biden definitely took the crown, but this skit isn't too far off the mark. Yet another crappy pinhead Democrat.
As the scholars. They will tell you who the worst president was. Trump hands down.
At least neither of them were convicted of rape, fraud, and 34 counts of cooking the books to hide the fact you were trying to write your whores off as a business expense.
About 1/2 of what people are calling inflation is corporate price gouging in disguise. Oil companies started price gouging an the other big corporations have followed suit. Record profits are following those record prices...
Welcome to Biden-Harris America
And don't forget about all of that "off-budget" Republican war in Iraq, or those Republican tax cuts that never paid for themselves. If you think deficits are a one-party problem, you are letting TV pundits do your thinking for you.
Ironically wages have increased about zero percent since this clip. If you want to blame someone, blame the ignorant electorate that listened to the retarded idea of Reaganomics. Inflation today is Trump's fault, because he was so worried about Wall Street taking a shit when COVID started he stonewalled on any real measures until it was too late. The American electorate is so ignorant we keep handing the reigns of power to the people who want to fuck you the most.
Ok what did Bien do to cause inflation? This should be good!
Although Trump wants to do tariffs, which will only make it worse.
TRUMP 2024
The audience was smart enough to recognize satire. You show this to a modern audience and most would say they see no issue here.
They say life was better in the Americas in the 40's. The god damn 40's man
In the 1940’s, more than 400,000 Americans laid down there lives to save communism.
Joseph Stalin, Mao Zedong are grateful for democrat
President FDR.
@@cobracharmer6178 in America in the 40's was a great time apparently. Not so much for overseas soldiers. But in America in the 40's was boom ville
Maybe after 1945. Remember, we had half a decade of NO WAR.
The only part of the joke that didn’t pan out, were the salaries not going up. Everything else, spot on.
Bidenomics was predicted by SNL!!!
Remember, the devil shows you everything before it happens
This is hilarious! It’s as though left-wing governments stumbled upon this and took notes! 😂
Amazing. I remember this skit. SNL was must-see television for millions back then.
It's not the printing of money, it's banks extending so much credit in the form of credit card purchases. Digital currency is fueling all the pluses and minuses associated with our modern economy. Thanks, Dan.
Chevy Aykroyd Martin is spitting facts.
It doesen't seem so funny now.
Hands down, this the most I’ve laughed at a SNL skit since I was a kid.
So say the demented democrats anyway
I remember seeing this when it first ran. Since then, I've discovered that inflation is the rate at which people realize that fiat currency is essentially worthless.
Inflation is actually good.... If you're already wealth as F and have assets that blow up in value because of it. It's like stock trading. Buy low, sell high. Unfortunately, most people get eff'edd.
The real funny thing about this is that Dan Aykroyd and the audience who are laughing still voted for Jimmy Carter's inflation, just like Hollywood liberals and the SNL audience today will vote for Kamala Harris' inflation.
Ya cant fix stupid 😉
Back when people were actually learning what inflation was. And a lot of people are STILL LEARNING. Young people especially are not being taught basic economics like this and how it affects them. I know that even back when I was a kid we didn't learn that. I had to teach myself about economics as a young adult to make up for what school wasn't addressing. But at least we learned how to balance a checkbook!
Now somehow the media has brainwashed the masses that inflation is non-existent if THEY say it often and loud enough.
Yep! And the next bit we’ll all be living is Chris Farley’s. When we’re all “LIVING IN A VAAAN, DOWN BY THE RIVER!!”
Opps! That’s already come true, too.
The more things change the more they stay the same
Now we know where Janet Yellen got her education! SNL!!
And now, the jokes on all of us!
The line between satire/jokes & reality is rapidly falling away.
Wow, this is exactly the democrat thought. It is scary.