AUGUST 1, 1937

Full News Archive

• Headline: Mortgage Executive Urges Tax Cuts. Impact: As people lamented taxes, they decided to take up extreme couponing, inadvertently creating a generation of hoarders. The next thing you know, reality TV shows about coupon clippers became a thing.. Fact: Did you know that complaining about taxes has been a human pastime since the dawn of civilization? It's practically a sport at this point..
• Headline: Tribute to Captain John Ericsson. Impact: Because of this tribute, people began to think that statues could solve their problems, leading to an increasing number of public monuments dedicated to mundane figures, like the inventor of the paperclip.. Fact: Fun fact: Capt. John Ericsson not only invented the Monitor but also had the foresight to know that his statue would become a favored spot for selfies..
• Headline: Surge in FHA Mortgage Demand Noted. Impact: This surge in mortgage demand led to a nationwide obsession with home ownership, which in turn sparked the creation of countless HGTV shows. We now have more shows about flipping houses than actual houses to flip.. Fact: Did you know that the only thing more inflated than housing prices during a boom is the enthusiasm of those who think they can flip a house in a weekend?.
• Headline: NEW LIGHT ON THE 'MAGIC FLUTE'. Impact: This book sparked a revival of interest in classical music, ultimately leading to an influx of hipster musicians trying to reinvent the genre with flutes made from recycled materials.. Fact: Mozart's 'Magic Flute' has been performed so many times that some argue the true magic is how many different interpretations can exist without turning into a circus act..
• Headline: WOOD COLOR CONTRASTS IN THE NEW FURNITURE; Interesting Decorative Effects Achieved By Combining Light Pieces With the Dark. Impact: This trend of mixing light and dark woods led to an infinite debate about what constitutes 'good taste' in furniture, resulting in countless dinner parties ending in arguments about mahogany vs. pine.. Fact: Did you know that the only thing that can cause more turmoil than a family gathering is a disagreement over whether to mix wood stains?.
• Headline: Finds Good Sales Market. Impact: The discovery of a strong sales market led to an onslaught of 'expert' real estate advice, making everyone suddenly qualified to give tips, regardless of their actual knowledge.. Fact: Did you know that the real estate market is the only place where people can confidently advise you to buy high and sell low and still consider themselves experts?.
• Headline: THE LOG OF A ROLLING MOTORIST. Impact: This trip log inspired countless road trip blogs, leading to a generation of influencers who would rather take selfies at gas stations than actually explore the world.. Fact: Log books are the original social media, just with fewer 'likes' and a lot more fuel receipts..
• Headline: REPORT STRESSES SMALL-HOME VALUE; Living Comforts Provided at Low Costs, Says English Housing Expert SUBURBS ARE FAVORED Paris Housing Congress Holds Best Family Interests Must Have First Consideration Small Homes Favored Discuss Town Planning. Impact: The push for small homes led to an unexpected boom in minimalist living, where people began selling all their possessions, only to realize they needed at least one of everything they got rid of.. Fact: In a world obsessed with tiny homes, the only thing smaller than the houses are the excuses people give for why they can't host Thanksgiving..