Breakthroughs and everyday innovations from the year.
HEADLINES ON August 10, 1948
Full News Archive
- Headline: Exploring 'Our Gifted Son' in 1948. Impact: The release of 'Our Gifted Son' sparked a chain reaction, leading to a hundred thousand unsolicited parenting guides and the eventual rise of helicopter parentingβbecause clearly, not gifting a son is a crime against humanity.. Fact: Fun fact: Parenting books have been around longer than children have, proving that some things never change but still seem to get worse..
- Headline: Finaglers Warned by Senator Bridges. Impact: Senator Bridgesβ fight against budget misrepresentation inadvertently led to the creation of a secret society of budget 'finaglers' who now meet annually to share tips on how to keep their jobs while doing the bare minimum.. Fact: Did you know that in politics, misrepresenting budget cuts is basically a rite of passage? Welcome to the club, Senator!.
- Headline: Murtagh Reveals Discounts On Milk as High as 10% Here; Murtagh Finds 10% Milk Rebates; To Look for 'Identical Discounts'. Impact: Murtaghβs milk discounts revolutionized the dairy industry, leading to an ongoing price war that would eventually inspire the 'Great Cheese Crisis of 1952'. Yes, it was as cheesy as it sounds.. Fact: If you think 10% discounts are exciting, wait until you hear about the thrill of coupon clippingβtruly the sport of champions!.
- Headline: NEGROES VOTE TODAY IN S.C. PRIMARY TEST. Impact: The first votes cast by Negroes in South Carolina were like a small pebble thrown into a pond, creating ripples that would eventually lead to the tidal wave of civil rights movements across America. History books would never be the same.. Fact: This was a pivotal moment; it's almost like democracy was finally beginning to work. Who would've thought voting could be controversial?.
- Headline: DIES AFTER 15-FOOT FALL; E. J. Bowen of the Hillhouse School Suffered Head Injury. Impact: E. J. Bowen's unfortunate fall led to stricter safety regulations in schools, which in turn spawned a new generation of overly cautious adults who bubble-wrap everything, including their children.. Fact: Falls are serious businessβthey've been known to cause injuries, like, you know, death. So, safety first, folks!.
- Headline: MARILYN COTLOW A BRIDE; Winner of Opera Air Auditions Wed to Eugene Altschuler. Impact: Marilyn Cotlowβs marriage created a ripple effect in the opera world, inspiring future divas to marry for love, fame, or just to get a few more Instagram followersβbecause priorities.. Fact: Did you know that marrying a musician often means endless debates over who gets to choose the playlist? Love is a battlefield..
- Headline: REDS TRY TO DELAY FRENCH FISCAL BILL; Communists Open a Filibuster, Toss in Amendments After Compromise Is Reached. Impact: The Communist filibuster delayed the fiscal bill, which inadvertently led to a nationwide trend of procrastination that would inspire countless future generations to put off their taxes until the last minute.. Fact: Filibustering is just a fancy word for 'we donβt want to deal with this right now.' Some things never change in government!.
- Headline: ETHRIDGE APPOINTED ADVISER TO MARSHALL. Impact: Ethridge's appointment as adviser to Marshall meant that he would soon be embroiled in a labyrinth of bureaucracy, leading to more paperwork and fewer actual decisions, which remains a staple of government work to this day.. Fact: Advisers are like the fast food workers of politics: theyβre always there, but youβre never quite sure what they do when theyβre not handing you a receipt..
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)