Breakthroughs and everyday innovations from the year.
HEADLINES ON August 24, 1946
Full News Archive
- Headline: OPA Announces Price Increases in 1946. Impact: As food prices rose, the nation collectively decided to embrace the art of ramen noodle cooking. Fast forward 50 years, and ramen becomes a gourmet delicacy, leading to the rise of overpriced 'artisanal' noodles in hipster cafes.. Fact: It's funny how a 2.5% price increase can turn everyone into a coupon-clipping ninja. Welcome to the Great Recession of '72βwhere the only thing cheaper than a meal was a good laugh..
- Headline: Youth University Group Organized in 1946. Impact: This university group sparked a movement that eventually led to the creation of the world's most tedious committee meetingsβbecause nothing says progress like hours spent discussing barriers instead of breaking them.. Fact: Did you know that 'alleviating barriers' is just a fancy way of saying, 'let's form a committee and talk about it until we all forget what we were supposed to fix'?.
- Headline: Global News Highlights from August 1946. Impact: The summarization of world news paved the path for future clickbait headlines, ultimately leading to the demise of actual journalism. Thanks, world news, for giving us the Kardashians.. Fact: In a world where news can be summarized, one has to wonderβwhat's the point of reading the article at all? Just give me the headline and a meme!.
- Headline: WOUNDED DOCK BOSS FOILS PAYROLL THEFT. Impact: This dock boss's bravery not only foiled a robbery but also led to the rise of the 'superhero' dock worker archetype. Who knew that foiling payroll theft could inspire an entire genre of action movies?. Fact: They say money can't buy happiness, but it sure can lead to some interesting heist plots. Just ask any dock worker who's thwarted a robberyβit's a real-life action flick waiting to happen!.
- Headline: INDUSTRY DEFENDED. Impact: The defense of industry against war profiteering set the stage for countless conspiracy theories about billion-dollar military contracts and how they fund everything from alien research to your morning coffee.. Fact: War profits are like that friend who always shows up at parties uninvitedβnobody wants them there, but somehow, they always find a way to crash the fun..
- Headline: ENVOY'S DATA DUE; Acheson Seeks Official Report on Talk With Tito on Demands SILENT ON U.N. COMPLAINT Acting Secretary Says We Will Be Guided by Yugoslav Acts, Not by Spokesmen's Words. Impact: Acheson's quest for an official report on Tito's demands may not have resolved anything, but it did inspire a generation of diplomats to master the art of ambiguous statements and diplomatic jargon.. Fact: If there's one thing we learned from diplomatic talks, it's that silence is goldenβespecially when you can say a lot without actually saying anything at all..
- Headline: DR. ARTHUR H. CROSBIE; President of the Genito-Urinary Surgeons Organization Dies. Impact: The passing of Dr. Crosbie reminded the world that even in the medical field, mortality is the only guarantee. His legacy? A whole new wave of 'urinary' puns that would echo through the halls of medical humor for decades.. Fact: Dr. Crosbie's work was so groundbreaking that it paved the way for future urologistsβwho, letβs be honest, have the best bathroom jokes in the medical community..
- Headline: NEWSPRINT SOARS IN BLACK MARKETS; Scramble for Supplies Sends Prices to $300 a Ton--U.S. Users Face Threat. Impact: Soaring newsprint prices led to the birth of digital journalism, where paper cuts became a relic of the past, and everyone learned to type instead of writeβthank you, black market!. Fact: A ton of newsprint for $300? You could practically buy a small island for that price today. Who knew the secret to world domination was just a shortage of paper?.
- Headline: DONOVAN BACKERS PLANNING A FIGHT; Veterans' Group to Seek GOP Senatorial Nomination in Spite of Drum Candidacy. Impact: Donovan's fight for a senatorial nomination became the template for every underdog story ever told, proving that in politics, the loudest voice is often the one that gets heardβeven if it's just a bunch of veterans shouting.. Fact: Political fights are like reality TVβfull of drama, unexpected twists, and a whole lot of people pretending they know what they're doing. Welcome to the GOP circus!.
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)