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HEADLINES ON November 23, 1957
Full News Archive
- Headline: U.S. Atomic Shelter Proposal of 1957. Impact: The suggestion to build atomic shelters at a whopping $20 billion led to a nationwide obsession with underground bunkers. Fast forward a few decades, and the survivalist movement inspired a wave of reality TV shows about preppers and their elaborate underground lairs. Who knew the apocalypse could be so entertaining?. Fact: Fun fact: you could have just invested in a bomb shelter instead of your avocado toast habit and still had money left over for a therapist!.
- Headline: Con Edison Proposes Gas Rate Increase. Impact: Con Edisonβs gas rate increase proposal set off a chain reaction of complaints, leading to an explosion of social media posts about the 'great gas heist.' Little did they know, this would inspire a generation of memes about utility companies and their unquenchable thirst for money.. Fact: Did you know that in 2023, some people still think Con Edison is a rock band? They really should consider a name change..
- Headline: Connecticut Unemployment Surges in 1957. Impact: As Connecticut's unemployment continued to rise, it became a cautionary tale for future generations about the dangers of joblessness. It inspired countless motivational speakersβwho, ironically, were often unemployed themselvesβleading to the rise of the self-help industry.. Fact: Fun fact: In 1958, joblessness was so bad that even the unemployment office had a 'Help Wanted' sign out front!.
- Headline: Hoffa Wiretap Jury Tentatively Seated After Barring of 31; 13 Are Challenged. Impact: The jury selection in the Hoffa wiretap case became a turning point in American legal drama, paving the way for countless courtroom thrillers in film and television. Who knew a union leaderβs legal troubles could inspire such cinematic gold?. Fact: Did you know that the term 'wiretap' was originally intended for bad phone connections? Sounds like the 1950s version of 'can you hear me now?'.
- Headline: ANTI-MISSILE MISSILE. Impact: The development of the anti-missile missile turned military strategy into a never-ending game of rock-paper-scissors. As nations raced to create bigger and better missiles, paintball enthusiasts everywhere unknowingly found their next big competitive sport.. Fact: Did you know that in 2023, some people still think 'anti-missile missile' is a new flavor of soda? Just wait until they try it!.
- Headline: CANCER UNIT SETS GOAL; Society Will Seek 30 Million in April, 1958, Campaign. Impact: The goal of raising $30 million for cancer research in 1958 inspired a legacy of fundraising campaigns that would lead to everything from bake sales to marathons. Who knew that people could get so creative when it came to asking for donations?. Fact: Fun fact: If everyone who donated to cancer research had instead bought a coffee, thereβd be enough caffeine to fuel a small country!.
- Headline: Benson Assistant Resigns. Impact: The resignation of Benson's assistant sent shockwaves through the corporate world, leading to the birth of motivational posters that read, 'You miss 100% of the assistants you donβt hire.'. Fact: Fun fact: They say every assistant that resigns opens the door for a new one to step in and immediately realize how much work they have to do!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1957, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1957, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1957, it would be worth $23,651,363 today (23651.4x return)