Breakthroughs and everyday innovations from the year.
HEADLINES ON October 5, 1977
Full News Archive
- Headline: Fraud Case of Martin Denis Revealed. Impact: Had Martin not decided to cheat the system, the government might have cracked down harder on fraud, leading to a future where everyone has to submit their grocery receipts for approval. Thanks, Martin!. Fact: Did you know that $8,144 in 1977 is roughly equivalent to winning a small lottery today? Too bad Martin decided to go the fraudulent route instead..
- Headline: Stein and Wagner's Heated Endorsement Debate. Impact: The bickering between Stein and Wagner set the stage for future political debates where candidates would prefer shouting over actual policy discussions. The tradition continues to this day!. Fact: Fun fact: Political debates have historically been a great platform for throwing verbal punches, which is why they should probably come with a referee..
- Headline: Future of Parr Meadows in Jeopardy. Impact: The financial woes of Parr Meadows led to an increased scrutiny of horse race gambling. Who knew that bad luck at the track would inspire future regulations that made betting feel more like a trip to the DMV?. Fact: Did you know that a racetrack's license is more valuable than a golden ticket to Willy Wonka's factory? If only they could turn financial problems into chocolate!.
- Headline: Tokyo Hit by 3 Light Quakes. Impact: The earthquakes in Tokyo caused a temporary halt in traffic, which ironically led to some locals inventing the concept of ‘Earthquake Yoga’ to relieve stress. Who knew disaster could be so zen?. Fact: Did you know that Tokyo has more earthquake drills than most cities have fire drills? Talk about being prepared for the unexpected!.
- Headline: Son of Late Governor Is Arrested In Stabbing of Denver Councilman. Impact: Robert F Carr's arrest sparked a series of debates about legacy and family names, ultimately leading to a future where everyone with a famous parent is under intense scrutiny—thanks, Robert!. Fact: Did you know that being the child of a governor is like having a permanent spotlight on your life? It's like living in a reality show with no editing..
- Headline: SENATE, 50‐46, VOTES TO DEREGULATE GAS; CARTER ASSAILS STEP. Impact: The Senate's deregulation of gas prices led to a rollercoaster of energy costs, ultimately making everyone in America a part-time economist—because who doesn’t love guessing gas prices?. Fact: Did you know that a bill is just a piece of paper until it gets signed? Then it becomes a law, which is like a very bad sequel nobody asked for..
- Headline: Gunmen Rob Campus Bookstore At Stony Brook and Take $15,000. Impact: The string of robberies at Stony Brook prompted universities everywhere to invest in better security, which ultimately led to the rise of campus police forces that have more power than your average superhero.. Fact: Did you know that college bookstores are like treasure chests for robbers? They’re filled with overpriced textbooks and snacks that cost more than a small car!.
- Headline: PANEL VOTES TO RAISE SOCIAL SECURITY TAX. Impact: The hike in Social Security taxes meant that future generations would be pondering the meaning of saving for retirement while still living in their parents' basements. Thanks for the financial planning, folks!. Fact: Did you know that every time taxes go up, a financial advisor gets their wings? Just kidding—they just get more clients who need help crying over their deductions..
- Headline: Carter Signs $69.3 Billion Bill. Impact: Carter's signing of the $69.3 billion bill marked a shift in government spending, paving the way for the future where politicians try to one-up each other with ever-larger numbers. Bigger really is better!. Fact: Did you know that $69.3 billion in 1977 sounds like the budget for a really bad action movie? Spoiler alert: the sequel is always more expensive!.
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)