July 24, 1959 –
While visiting a model kitchen in a U.S. exhibition in Moscow, Vice President Richard M. Nixon debated with Soviet leader Nikita Khrushchev at a U.S. exhibition in the famous ‘Kitchen‘ debate, on the merits of capitalism and communism
Nixon correctly said that the $100-a-month mortgage for the model ranch house was well within the reach of a typical American steelworker.
(Stop dreaming about a $100-a-month mortgage.)
