Breakthroughs and everyday innovations from the year.
HEADLINES ON July 23, 1967
Full News Archive
- Headline: Tax Rates on Social Security Benefits Increase. Impact: This decision to raise taxes on benefits sparked a nationwide debate on social welfare. Fast forward a few decades, and we find ourselves in a world where people argue about tax rates as if theyβre discussing their favorite pizza toppings. Spoiler: no one ever agrees.. Fact: Did you know that the original Social Security tax was only 1%? Ah, the good old days when 1% was just your tip to the waiter, not a monthly deduction..
- Headline: Surge in Executive Job Openings. Impact: The sudden spike in demand for executives led to a hiring frenzy that would eventually result in the creation of the βexecutive burnoutβ phenomenon. Who knew that a 7% increase in openings would lead to more people needing therapy than ever before?. Fact: Fun fact: the term 'executive burnout' was coined during a particularly intense board meeting where someone forgot to bring snacks..
- Headline: Increase of U.S. Advisers in Vietnam. Impact: This planned increase in advisers was a pivotal moment in U.S. military strategy, leading to years of escalation. Itβs like adding more players to a losing game of chessβeventually, everyoneβs just confused and the board gets flipped.. Fact: Did you know that adding advisers is often just a fancy way of saying, 'We're not sure what to do next, so letβs hope more people can figure it out.'.
- Headline: In The Nation: Ratting on Newark. Impact: This commentary on Newarkβs riots set the stage for countless discussions on race relations in America. Little did they know, these discussions would become a cyclical trend that would continue until the sun goes supernova.. Fact: Did you know that T. Wicker was not just a commentator but also a master of the art of stating the obvious? Itβs a real talent, you know..
- Headline: Rhodesian Regime Is Firm on Settlement Terms. Impact: The Rhodesian regime's firm stance on settlement terms helped solidify their position, leading to decades of conflict. It's like when you refuse to share your dessert with your siblingβeventually, someone ends up in tears.. Fact: Did you know that 'Rhodesian' was once a popular name for pets? Just kidding, but it probably would have been if things had turned out differently!.
- Headline: Education; Heat on Columbia's Filter. Impact: The debate over Columbia's involvement in scientific protocol led to a slow evolution in educational standards. Itβs like watching a slow-motion train wreck where you canβt decide if you should help or just take notes for your memoirs.. Fact: Did you know that Columbia's filter is not actually a coffee filter? Itβs a metaphorical one, which is much less effective at keeping out the bad ideas..
- Headline: A Model for Watson. Impact: This biography of Conan Doyle likely inspired a wave of detective fiction that would unintentionally lead to every aspiring writer thinking they could solve mysteries. Spoiler alert: they cannot.. Fact: Did you know that Arthur Conan Doyle was also a trained ophthalmologist? Talk about seeing things clearlyβtoo bad most of us canβt even see the point in reading his biographies..
- Headline: The Devil's Lexicographer. Impact: O'Connor's biography of Bierce added fuel to the fire of literary debates, leading to the eventual rise of pretentious book clubs. Now, everyone thinks theyβre a literary genius after reading a single essay.. Fact: Did you know Ambrose Bierce once famously defined 'war' as 'a series of catastrophes producing a village?'. Funny how that still rings true today!.
- Headline: CONGO CITY BEARS SCARS OF CONFLICT; Kisangani's Stores Empty-- Streets Nearly Deserted. Impact: The devastation in Kisangani highlighted the cyclical nature of conflict in the Congo, where scars of war became an unfortunate tourist attraction. You canβt buy a postcard of that, though.. Fact: Did you know that Kisangani was once known as Stanleyville? Apparently, renaming places doesnβt erase their historyβwho knew?.
- Headline: Lewiston Wins Delaware oaks, In Reality Takes Choice Stakes Monmouth; SWISS CHEESE IS 2D IN $61,410 FEATURE Lewiston Returns $15.20-- Quillo Queen, Favorite, Finishes in 6th place. Impact: Lewiston's win led to a bizarre obsession with horse racing that would eventually trend on social media. Now you can see why people cheer for animals that donβt care about you.. Fact: Did you know that horses can actually understand human emotions? Too bad they still choose to run away from them at the racetrack..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1967, it would be worth $1,854,109 today (1854.1x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1967, it would be worth $670,488 today (670.5x return)
MCD
McDonald's
McDonald's - If you invested $1,000 in 1967, it would be worth $3,149,614 today (3149.6x return)