Breakthroughs and everyday innovations from the year.
HEADLINES ON January 5, 1977
Full News Archive
- Headline: Kuwait Cuts Oil Output Amid Purchase Decline. Impact: This reduction in oil output caused a temporary gas price drop, which then led to a brief period of environmental awareness until everyone went back to their gas-guzzling ways. Thanks, Kuwait, for the illusion of choice!. Fact: In a shocking twist, people actually thought they could live without oil. Turns out, they really just meant they couldn't live without their cars..
- Headline: Murdoch Seems to Be the Victor In Fight for New York Magazine. Impact: Murdoch's takeover of NY Magazine led to the proliferation of sensationalist journalism, which continued to spiral until we ended up with reality TV. Thanks for that, Rupert!. Fact: Murdoch's influence is so strong that even his coffee cups are rumored to have their own tabloids. Now that's power!.
- Headline: Center Faculty Votes to Strike. Impact: This faculty strike initiated a long-standing tradition of educators fighting for their rights, eventually inspiring memes about teacher burnout and the value of coffee breaks.. Fact: If you put all the teachers who went on strike in a room, you'd have a massive gathering of underpaid, overworked superheroes. Capes not included..
- Headline: French Leader Expects June Summit in Britain. Impact: This expectation for a summit set the stage for countless 'international meetings' that achieved nothing but a lot of free coffee and awkward small talk. Ah, diplomacy!. Fact: The real reason for summits? Free pastries! Nothing keeps world leaders calm like a good croissant..
- Headline: Puerto Rican Aide Sees Statehood Hurt by Ford. Impact: This statement sparked a series of political movements that made people question the effectiveness of government decisions, leading to endless debates that are still happening in barrooms across America.. Fact: If you mention statehood in a room full of politicians, expect at least three hours of arguing, followed by a group therapy session. You're welcome!.
- Headline: Former Convict, 36, Sworn In as a Judge in California. Impact: This historic event inspired the notion that anyone can change their fate, leading to a spike in motivational speeches and a few dubious self-help books. 'From Convict to Judge' is a bestseller waiting to happen!. Fact: In a twist of irony, Bob Young became a judge just in time to hear cases involving people who made poor life choices. Talk about poetic justice!.
- Headline: Chile's Cost of Living Up 174.3%. Impact: This staggering increase in living costs led to an exodus of people seeking a better life elsewhere, setting off a trend of 'anywhere but here' that continues to this day. Thanks, inflation!. Fact: If you think your grocery bill is high now, just remember that Chileans were probably paying in gold bars and a kidney back then!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1977, it would be worth $10,678,835 today (10678.8x return)
INTC
Intel
Intel - If you invested $1,000 in 1977, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1977, it would be worth $414,492 today (414.5x return)