It’s a time of celebration. Not just because the holidays are fast approaching, but also because Martin Short is finally a member of the illustrious “Saturday Night Live” Five-Timers Club, a close-knit group of celebrities who’ve had the privilege of hosting the show five times or more. On hand to honor Short in the episode’s cold open and present him with the traditional smoking jacket were a whole slew of celebrities including Tom Hanks, Paul Rudd, Scarlett Johansson, Tina Fey, Alec Baldwin, Kristen Wiig, Melissa McCarthy, Emma Stone, John Mulaney, and Jimmy Fallon, all of whom are already members of the club.

Next taking the main stage at Studio 8H, Short’s monologue highlighted all of the actor/comedian’s many skills. Flinging jokes that ranged from self-deprecating to politically topical, Short reminded the audience and everyone at home why he still has some of the best...