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HEADLINES ON February 7, 1948
Full News Archive
- Headline: State Seeks Federal Funds for Roads. Impact: This request for shifting road funds caused a ripple effect that led to the invention of the 'Road Trip' as a legitimate form of procrastination. Thanks to the state for letting us justify our wanderlust!. Fact: Did you know that the U.S. highway system was so well-funded that it accidentally created a new breed of 'road warriors' who think they can live off gas station snacks?.
- Headline: Article 4 -- No Title. Impact: Fraser's congratulatory article set a precedent for all future congratulatory notes, leading to an avalanche of passive-aggressive congratulatory posts on social media. Thanks, Washington!. Fact: Did you know that congratulating someone can sometimes be more about you than them? Just look at how many people post 'Congrats!' on social media while secretly wishing they had your life..
- Headline: St. Lawrence Skiers Take Lead In State Collegiate Title Meet; Wright Cross-Country Victor as Fife Ties Sorkness of R.P.I. for Downhill Honors -- Group Margin to Queens U. Team. Impact: This skiing championship not only sparked a fierce rivalry among collegiate athletes but also inspired the creation of 'extreme sports' as a way to avoid traditional athleticism. Thanks, ski champions!. Fact: Did you know that skiing was once considered too 'gentlemanly'? Now itβs about racing down a hill at breakneck speed while wearing spandex. Progress!.
- Headline: PIRIE YACHT WINS AT HAVANA AGAIN; Twin Star Records Second in Row in Cuba Cup Series -- Kurush Next to Finish. Impact: Pirie's yacht victory was the butterfly that flapped its wings and ultimately caused a global obsession with sailing, leading to many 'yacht parties' that nobody actually enjoys. Thanks for the champagne hangovers!. Fact: Did you know that yacht racing is basically just a fancy way to determine who can afford the most expensive boat? It's like the Olympics, but with a lot more sunscreen and a lot less athleticism..
- Headline: INFLATION 'WEAKENING'; Statistician Says Price Decline Will Bare Speculations. Impact: The statistician's insights on inflation not only helped shape economic policies but also led to the rise of the phrase 'it's all in your head,' which is now used to dismiss every financial crisis ever. Thanks for keeping us grounded!. Fact: Did you know that economists have a great sense of humor? They call recessions 'economic slowdowns'βlike it's just a gentle reminder to take it easy..
- Headline: BUSINESS WORLD. Impact: The NY Trade Board's push for repeal of the export license section was the spark that ignited a thousand bureaucratic debates. This event set the stage for future generations to realize that red tape is a sport in itself!. Fact: Did you know that the export license process is so complicated that it has its own fan club? Just kiddingβno one actually enjoys paperwork that much!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1948, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1948, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1948, it would be worth $147,887 today (147.9x return)