Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON August 11, 1971
Full News Archive
- Headline: Welfare Rolls Decrease for First Time. Impact: This dip in welfare rolls led to a nationwide crisis of confidence in government assistance, causing future politicians to avoid any mention of social programs lest they be met with a chorus of angry constituents. But hey, who needs food on the table when you have a strong economy, right?. Fact: The 28 people who dropped off welfare rolls in '71 were probably just confused about the forms. Itβs not like the system is designed to be user-friendly or anything..
- Headline: US Struggles Against SE Asian Heroin Trade. Impact: This skepticism about the U.S. ability to control heroin flow was the first domino in a long line of events that would eventually lead to the rise of the 'War on Drugs'βa spectacular failure that still haunts us today. But don't worry, it only cost billions and countless lives!. Fact: Ironically, the U.S. military's attempts to stop heroin flow in Vietnam only made the drug trade more lucrative. It's almost as if trying to control something makes it worseβwhat a concept!.
- Headline: Charges Against Unions and Black Postal Workers. Impact: The accusations against these unions created an ongoing rift that led to the eventual formation of more inclusive labor organizations. It turns out, when you ignore a group of people, they get really, really good at organizing. Who knew?. Fact: Unions working against their own members? Sounds like a plot twist straight out of a soap opera, but in reality, it was just another day in the life of labor relations..
- Headline: 9 Peep Shows Are Raided in Times Square Area. Impact: These peep show raids sparked a moral panic that led to a series of 'decency' laws, which ultimately made it harder for people to enjoy their vices without a side of guilt. A classic case of trying to legislate moralityβgood luck with that!. Fact: If you think raiding peep shows is a bold move, just wait until you see what happens when they start raiding Netflix for all those questionable rom-coms!.
- Headline: People's Needs Shape a Growing Harlem Hospital. Impact: The expansion of Harlem Hospital became a symbol of community-driven change and healthcare access, eventually influencing nationwide healthcare reform. Because nothing says 'we care' like a healthcare system that barely functions!. Fact: Harlem Hospital's expansion was so community-focused that the doctors probably had to ask patients what they wanted on the menu. Because who knew healthcare could be a buffet?.
- Headline: Astronauts' Photos Depict the Sweep and the Detail of the Lunar Surface. Impact: These astronaut photos became iconic, inspiring generations to dream about space exploration. They also led to countless debates about which moon landing conspiracy theory was the most ridiculous. Spoiler alert: they're all ridiculous.. Fact: The lunar surface photos were so stunning that even cameras on Earth were jealous. Talk about having a glow-up!.
- Headline: News Analysis. Impact: This probe into the Black Panther-Chicago police clash revealed systemic issues that would simmer beneath the surface for decades, eventually exploding into movements for justice and reform. Thanks for the late wake-up call, America!. Fact: Chicago politics have always had a flair for the dramatic. If only they could turn all that chaos into a reality TV showβ'Keeping Up with the Corruption' would be a hit!.
- Headline: Power Fails in Washington. Impact: This power failure not only caused a temporary blackout but also sparked a series of conspiracy theories about government control of electricity. Because if you can't trust your power grid, what can you trust?. Fact: The 30-minute blackout was probably just the universe's way of telling D.C. to take a break. Even politicians need to recharge sometimes!.
- Headline: Ground Action in Vietnam Continues to Remain Light. Impact: The ongoing light action in Vietnam contributed to an atmosphere of apathy in the U.S., causing citizens to tune out the war altogether. It wasn't until the dramatic events of the following years that people would start paying attention againβwho doesn't love a good plot twist?. Fact: 'Light action' in Vietnam sounds like the world's most boring action movie. Spoiler alert: the sequel was anything but light!.
- Headline: Police Kill Bank Robber. Impact: The police killing of a bank robber fueled debates about police use of force, a topic that remains contentious today. Every act of violence seems to be a catalyst for change, but only time will tell if it leads to real reform.. Fact: It's ironic that in the midst of a bank heist, no one thought to ask the robber why he was robbing banks. Turns out, no one wants to hear the backstory when you're holding a gun!.
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)