Breakthroughs and everyday innovations from the year.
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HEADLINES ON June 8, 1945
Full News Archive
- Headline: Celebration of the 50th Statehood. Impact: Declaring a fiftieth nation triggered an international domino effect, leading to a series of competitions for the title of 'Next Big Nation,' and subsequently, a slew of bizarre reality TV shows.. Fact: Fifty nations means fifty ways to argue about borders, languages, and who gets the last slice of pizza at international meetings..
- Headline: Gabriel Difiore: Notable U.S. Detective. Impact: The death of Gabriel Difiore led to a spike in detective novels featuring 'the last great detective,' inadvertently inspiring a generation of wannabe sleuths who think wearing a trench coat makes them immune to bad decisions.. Fact: Gabriel Difioreβs work against the 'Black Hand' made him so famous that even Sherlock Holmes would have probably asked for his autograph..
- Headline: SIR JOHN MARRIOTT, HISTORIAN, AUTHOR; Ex-Member of Parliament Dies in Wales at 85--Had Been Lecturer at Oxford. Impact: Sir John Marriottβs passing marked a turning point in the historian community, where debates about his theories led to the creation of the βMarriott Effectββa theory that everything sounds better with a British accent.. Fact: If youβve ever read a history book and thought, 'Wow, this is dry,' blame it on historians like Sir John who took 'boring' to a whole new level..
- Headline: Spaatz to Return to Europe. Impact: General Spaatz's return to Europe led to an unexpected renaissance of American military strategy discussions, resulting in a slew of poorly written military romances set in post-war Europe.. Fact: They say 'Spaatz' rhymes with 'spats,' leading to a new fashion trend in military gear that no one asked for..
- Headline: SALVAGE RECORDS SET; Two Schools Triple Their Period Collections of Paper. Impact: The records set by two schools for paper salvage became the catalyst for a nationwide obsession with recycling, culminating in a bizarre trend of kids gathering used paper and calling it 'art.'. Fact: Turns out, you can triple your paper collection, but you can't triple your chances of getting a decent grade with it!.
- Headline: 'Little Steel' Formula Stands, Truman Asserts, Pending Study; 'LITTLE STEEL' RULE FOR WAGES STANDS Green's Goal Is 20% Rise Union Puts Hope in WLB. Impact: Trumanβs insistence on the 'Little Steel' formula led to a never-ending debate on wage regulations, causing a generation of economists to develop a new subfield: 'How to Make Money Out of Thin Air.'. Fact: βLittle Steelβ sounds like a kidβs toy, but itβs actually a serious economic rule that nobody truly understands, much like the stock market..
- Headline: House Adopts Own 'Pay Rise'; Truman for Direct Salary Jump; OWN 'RISE' IN PAY ADOPTED BY HOUSE. Impact: The House adopting its own pay rise created a slippery slope where politicians started giving themselves raises for merely showing up, resulting in a historical precedent that would make future Congresses feel very entitled.. Fact: If only they spent as much time debating their pay as they did on the color of the drapes in the House!.
- Headline: Member of New York A.C. Philippine War Casualty. Impact: The casualty of a member from the New York A.C. during the Philippine War sparked a major shift in public perception regarding overseas military engagements, fuelling debates that would echo through history, leading to a lot of awkward family dinners.. Fact: Every casualty is a reminder that war is not just a game of strategy, but a tragic tale that affects real people and their loved ones..
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)