Breakthroughs and everyday innovations from the year.
HEADLINES ON February 17, 1971
Full News Archive
- Headline: Youth Drug Sellers and Their Origins. Impact: This headline led to a mysterious surge in 'youth entrepreneurship' classes that somehow only taught the fine art of rolling and dealing, thus creating a new generation of 'business professionals' who later turned into motivational speakers on the topic of 'living your best life.'. Fact: Did you know that the first recorded use of marijuana dates back to 500 BC in China? Clearly, some things never change, like people finding creative ways to sell it!.
- Headline: Natural Gas Explosion Shakes Los Angeles Coast. Impact: This explosion was the catalyst for a new national safety campaign, which led to the invention of the inflatable building - a concept that never caught on but was great for insurance companies.. Fact: Did you know that natural gas can be highly explosive? Itβs almost like they didnβt read the label on the canister!.
- Headline: Will Lindsay Switch?. Impact: Lindsay's indecision sparked a chain reaction of political flip-flopping that somehow led to the invention of the phrase 'Iβm not a politician, Iβm just a concerned citizen,' which is now used by countless people who have never run for office.. Fact: Did you know that the only thing more uncertain than a politician's stance is the weather? Just ask any meteorologist!.
- Headline: Extension of I.O.S. Loan Of $5βMillion Is Weighed. Impact: The loan extension discussions led to a nationwide trend of companies extending loans to questionable businesses, which ultimately resulted in the financial crisis of 2008 - thanks, IOS!. Fact: Did you know that extending loans is like giving a kid more candy? Sometimes, it just leads to a sugar rush and a meltdown!.
- Headline: INDUSTRY OUTPUT ROSE IN JANUARY. Impact: The rise in industry output following the GM strike created a myth that productivity increases during worker unrest, leading to a series of motivational posters that read, 'Outrage = Output.'. Fact: Did you know that productivity sometimes rises in chaos? Itβs almost like humans thrive on dramaβwho would have thought?.
- Headline: Democratic Hopefuls Woo Labor Council. Impact: The wooing of the labor council by Democratic hopefuls led to an awkward annual tradition where potential candidates would serenade labor leaders with off-key songs about worker rights, thus solidifying their place in cringe-worthy political history.. Fact: Did you know that labor councils love a good song and dance? Too bad most politicians canβt carry a tune in a bucket!.
- Headline: A Colonel Is Given 3βYear Drag Term. Impact: Colonel Kehrli's sentencing became a turning point in military policy, inspiring a new initiative to create safer drug education programs, which led to the creation of 'Marijuana Awareness Month' - celebrated by many with a more hands-on approach.. Fact: Did you know that in some circles, marijuana is referred to as 'the gateway drug'? Looks like Kehrli took the express train through that gateway!.
Wall Street Time Machine
INTC
Intel
Intel - If you invested $1,000 in 1971, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1971, it would be worth $590,335 today (590.3x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1971, it would be worth $373,578 today (373.6x return)