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HEADLINES ON July 28, 1946
Full News Archive
- Headline: The Enigma of Golf in 1946. Impact: If golf had logic, it wouldn't have led to the invention of the golf cart, which ultimately gave rise to lazy outings and an entire subculture of 'golfers' who barely swing a club.. Fact: Did you know that the golf ball used to have feathers inside? Because obviously, hitting a feather-filled sphere was the only way to feel like a true warrior..
- Headline: CIO and UAW Abandon Wage Increase Push. Impact: This decision to drop the pay-rise drive may have set off a string of questionable financial decisions that led to the rise of overpriced avocado toast. Thanks, UAW!. Fact: Fun fact: The CIO and UAW's efforts to save dollar buying power may have indirectly influenced the creation of the 'money-saving' coupon craze that still haunts grocery stores today..
- Headline: Truman Appoints Nelson for War Plant Study. Impact: By keeping war plants ready, Truman may have inadvertently paved the way for the military-industrial complex, which ultimately led to the production of a whole lot of stuff we didn't need.. Fact: Did you know that D. M. Nelson was in charge of 'keeping war plants ready'? Sounds like a fun job right up until you have to explain it at family gatherings..
- Headline: Los Angeles Claims 1,805,687. Impact: With LA's population boom, traffic jams were destined to become the new normal, leading to the invention of the 'car karaoke' phenomenon. You're welcome, world.. Fact: Did you know that 1,805,687 is just a fancy way of saying 'a lot of people stuck in traffic'? Itβs the perfect formula for a reality show..
- Headline: Roosevelt Torch Sent to Brazil. Impact: Sending the Roosevelt torch to Brazil may have sparked a wave of international goodwill, but let's be real, it was mostly just an excuse to throw a party.. Fact: Did you know that the torch was a gift? Because nothing says 'friendship' quite like sending a flaming stick to another country..
- Headline: NOTES OF INTEREST IN SHIPPING WORLD; Loran, Electronic Navigator Is Praised After First Use on Merchant Vessel. Impact: The introduction of Loran technology was a leap toward modern navigation, but it also led to a generation of people who can't read a map to save their lives. Thanks for that!. Fact: Did you know that Loran stands for 'Long Range Navigation'? Guess they were just too lazy to come up with a catchier name..
- Headline: REUTHER OFFERS HELP TO SPUR AUTO OUTPUT. Impact: Reuther's call to increase auto output may have inadvertently led to the 'bigger is better' mentality in car design, which has resulted in an endless parade of gas-guzzling monsters on the road.. Fact: Did you know that inviting industry heads to confab could also be called 'a bunch of suits trying to outwit each other'? Sounds riveting!.
- Headline: FOOD; Frozen Desserts. Impact: Frozen desserts became a household staple, leading to the rise of diabetes, but at least it made summer a bit more bearableβthanks, ice cream!. Fact: Did you know that frozen desserts were once considered a luxury? Now they're basically a food group. Welcome to America!.
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1946, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1946, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1946, it would be worth $586,656 today (586.7x return)