[applause]

Lyndon Baines Johnson (LBJ): Now on the inflation front. If you are distraught, and if you're worried about high prices, and you've got a stomach -

Announcer 1: [speaking over LBJ] The voice you're hearing is that of President Lyndon Baines Johnson, discussing a problem that concerns each and every one of us. Listen to the words of President Johnson.

LBJ: …and you're really worked up about inflation, it may be you ought to vote Republican. Because there's one guarantee I can give you from my 35 years’ experience: if you vote Republican and by chance, you should win, you won't have to worry very long about higher prices.

Announcer 2: Ladies and gentlemen, the President of the United States, Lyndon Baines Johnson.

LBJ: So, when these folks start talking to you about inflation, you tell them that's something that you only have to worry about in Democratic administration.