Breakthroughs and everyday innovations from the year.
HEADLINES ON June 4, 1945
Full News Archive
- Headline: Exploring Authors at the Book Clinic. Impact: The Book Clinic selections inadvertently led to the rise of the self-help genre, which spiraled into the world of influencers selling their own dubious advice on social media. Thanks, 1945.. Fact: Did you know that the average person reads less than one book a year? Clearly, the Book Clinic needs a better PR team..
- Headline: Agnes Baden-Powell's Leadership in Girl Guides. Impact: Agnes Baden-Powellβs leadership helped propel women into positions of authority, ultimately leading to the formation of countless girl power anthems and, let's be honest, some pretty epic Pinterest boards.. Fact: Agnes was a pioneer, but you probably only know her brother, Robert, because who doesnβt love a good boy scout story?.
- Headline: End of Excess Profit Tax Proposal. Impact: Robertsonβs proposal to repeal the excess profits tax sowed the seeds for future corporate tax loopholes, leading to a world where companies can make billions while paying their secretaries in coupons.. Fact: Tax reform: the adult version of rearranging deck chairs on the Titanic, but with more spreadsheets..
- Headline: TECHNICIAN NEED RISES; Enlarged Post-War Hospital Work Predictad by Bureau. Impact: An increase in post-war hospital work led to an explosion of medical advancements, which is great until you realize that half of those advancements are now marketed directly to you in infomercials.. Fact: They say laughter is the best medicine, but Iβm pretty sure itβs just a good marketing strategy for pharmaceuticals..
- Headline: WOMEN OF RUSSIA PRAISED BY HOPKINS. Impact: Hopkins' praise for Russian women sparked a global appreciation for female resilience, ultimately leading to reality TV shows where women fight over roses instead of fighting in wars. Progress?. Fact: Russian women are known for their strength, but if you think about it, they often have to carry the entire country on their shoulders while wearing heels..
- Headline: BACKERS OF MAYOR TURN TO M'GOLDRICK; Fusion Party, Citizens Union and Independent Group Are Ready to Support Him McGoldrick Conference Today BACKERS OF MAYOR FAVOR M'GOLDRICK Modell Urges Party Unity. Impact: The political support for McGoldrick set off a series of backdoor deals and alliances that paved the way for the modern political circus we all know and love (or tolerate) today.. Fact: Behind every mayor is a group of people trying to convince them that their ideas are actually good. Spoiler alert: they're usually not..
- Headline: News of Food; Pineapple Becomes More Available; Tried Ways of Serving This Fruit. Impact: The pineappleβs newfound popularity led to the invention of the piΓ±a colada, which was then responsible for countless awkward beach vacations and questionable decisions in the 70s.. Fact: Pineapples were once so rare that they were rented out for parties. Imagine thatβthe original party rental item!.
- Headline: 'ROYALTY TAX' CALLED PRIVATE SALES LEVY. Impact: The call to ban the AFM royalty tax was the first step in a long battle for artists' rights, which eventually led to todayβs Spotify debatesβbecause why pay artists when you can just stream them for free?. Fact: Royalty payments in the music industry are about as clear as mud. Good luck figuring out who gets what!.
- Headline: MRS. HARRY S. KNIGHT; Wife of Secretary of American Bar Association Is Dead. Impact: The passing of Mrs. Harry S. Knight served as a reminder that behind every influential man was a woman who probably did all the actual work. History has a funny way of remembering that.. Fact: Women in the early 20th century were often the unsung heroes of the legal profession, paving the way for more women to break into the fieldβjust without the recognition they deserved..
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1945, it would be worth $487,501 today (487.5x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1945, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1945, it would be worth $3,433,942 today (3433.9x return)