Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON December 22, 1954
Full News Archive
- Headline: Tragic Plane Crash Near York, PA. Impact: The tragic plane crash led to stricter aviation regulations, which then inspired the creation of the seatbelt, which subsequently helped save millions of lives in minor car accidents. Who knew a butterfly could fly with wings made of metal?. Fact: Did you know that in aviation, they say 'the plane hasn't crashed until the paperwork is done'? Talk about a morbid sense of humor..
- Headline: Italy's Bid for the 1960 Olympics. Impact: Italy's ploy to build an Olympic stadium resulted in unforeseen international tourism booms, awkward gymnastics routines, and enough pasta consumption to fuel a small country's economy for a decade. All for a few gold medals and a lot of selfies!. Fact: Did you know that the ancient Greeks originally held the Olympics as a religious festival? Now it's mostly about who can run the fastest with a smartphone in hand..
- Headline: Democratic Aides Resign Amid Reorganization. Impact: The resignation of these aides triggered a series of internal power struggles that reshaped the Democratic Party, eventually leading to a candidate who would tweet more than he would govern. Thanks for that, aides!. Fact: Did you know that resigning from a political position is basically a rite of passage? Itβs like the political equivalent of hitting the snooze button on your alarm clock..
- Headline: SURVIVORS' AID LAW HIT; Changes Are Urged in System for Armed Forces' Benefits. Impact: The push for changes in survivor benefits led to reforms that, decades later, would inspire a new generation of advocates fighting for veterans' rightsβbecause nothing says 'we care' like a bureaucratic overhaul.. Fact: Did you know that survivor benefits are not just for the deceased's family but also an elaborate way for the government to say, 'We promise we care, but not enough to actually make it easy.'.
- Headline: PRESIDENT EXUDES 'GETTYSBURG LOOK'; Inspecting Prize Cattle Herd, He Gives the Air of a Man Dreaming of Retirement. Impact: Eisenhower's cattle inspection daydreams led to his eventual retirement, which opened the floodgates for aspiring politicians to think they could also be farmers. Spoiler: Most were better at politics than plowing.. Fact: Did you know that inspecting cattle can actually be a very serious business? But let's be real, you just know Eisenhower was thinking about his next golf game..
- Headline: 3 ALLOWED TO ARGUE TERMINAL R. R. SALE. Impact: The approval of the terminal railroad sale led to the consolidation of railroads, which eventually paved the way for the rise of fast-food chains that needed speedy deliveries. All aboard the grease train!. Fact: Did you know that trains were once the fastest way to travel? Now, the only thing that travels faster is the rumor about the next big sale at your local store..
- Headline: HARRIMAN NAMES BINGHAM TO STAFF; Secretary of New Governor Is to Be City Lawyer Who Also Aided Wagner Campaign. Impact: Bingham's appointment created a ripple in the political landscape that led to a series of legal reforms, followed by a decades-long debate about whether lawyers should be allowed to wear bow ties in official settings.. Fact: Did you know that being a city lawyer often involves more paperwork than actual lawyering? Itβs like a never-ending game of βwho can collect the most coffee stains!β.
- Headline: POLICE RADIO CARS AND RADAR TAKING MOTORCYCLE ROLE; Use of Newest Device in Drive Against Speeders Starting Here Early Next Year AUTOS TO WORK IN PAIRS Detecting Machines Will Cost $1,200 Each -- Cycles to Be Cut From 336 to 150 POLICE WILL TEAM RADAR-RADIO CARS. Impact: The introduction of police radar cars led to a nationwide obsession with speed traps, resulting in countless memes about slow drivers and overzealous cops. The butterfly effect of traffic tickets is real!. Fact: Did you know radar guns were once considered science fiction? Now, they're just another way to ruin your day when youβre five miles over the speed limit..
- Headline: STRIJDOM HINTS GO-SLOW POLICY; Denies South Africa Drifts Toward Police State -- Bars Racial Partition Now. Impact: Strijdom's hints at a go-slow policy inadvertently inspired a global movement for slower, more thoughtful governance, which ironically sped up the pace of social activism. Slow down to speed up, folks!. Fact: Did you know that 'go-slow' policies are often just code for 'we have no idea what we're doing'? Itβs the political equivalent of putting your feet up and hoping for the best!.
- Headline: CAPITAL BUDGET OF $717,686,653 ADOPTED FOR CITY; $91,600,000 Item to Start Upstate Reservoir Stirs 2-Hour Council Debate 53 CAPITAL BUDGET VOTED BY COUNCIL. Impact: The debate over NYC's capital budget ignited a series of financial reforms that would confuse generations of city council members and lead to the annual ritual of budget approval, which is as thrilling as watching paint dry.. Fact: Did you know that city budgets are basically just a long list of things nobody can agree on? Itβs like a family dinner where everyone wants different takeout!.
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1954, it would be worth $487,500 today (487.5x return)
IBM
IBM
IBM - If you invested $1,000 in 1954, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1954, it would be worth $168,691 today (168.7x return)