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 January 8, 1978
Full News Archive
- Headline: Ida Mae Ahern: A Journey in Education. Impact: Ida Mae Ahern's journey as a mature student sparked a new trend in adult education. By 2023, there are more 'older, wiser learners' than there are college-age students, leading to the invention of the 'senior dorm'—complete with bingo nights and knitting classes.. Fact: Deciding to go back to school as an adult usually means your study group is just as likely to be discussing grandkids as it is to be discussing grand theories..
- Headline: Baltimore Clippers Auction Announcement. Impact: The Baltimore Clippers' auction event inadvertently led to the rise of 'extreme auctioning' where people now bid on everything from celebrity hair clippings to old lottery tickets. This has caused countless arguments over who truly owns the best piece of trash.. Fact: Auctions are just fancy yard sales where people pretend they have money to burn, and no one wants to admit that they really just want that crooked lamp..
- Headline: Public Trust in Press Wanes in 1977. Impact: The decline in public confidence in the press initiated a chain reaction leading to the rise of social media influencers. Now, rather than trusting seasoned journalists, the public opts for the opinion of someone who once got 10,000 likes for a cat meme.. Fact: It's fascinating how people can trust a person who posts selfies more than someone who spent years studying journalism. Who needs facts when you have filters?.
- Headline: Port Agency Accused of Awarding Contracts With No Public Bidding. Impact: The Port Agency's contract scandal became the blueprint for every shady deal thereafter, leading to a thriving underground economy of 'contractors' who specialize in getting things done without ever having to lift a finger—or submit a proposal.. Fact: Public bidding is just the government’s way of pretending to be fair while really just giving the job to the guy who bought the last round of drinks..
- Headline: Sculpture Puts On a Bold Face. Impact: Ron Bladen's outdoor sculpture not only became a local landmark but also inspired a movement of avant-garde sculptures that ended up on every corner, making city parks look like modern art museums—which, ironically, were still free to enter.. Fact: Outdoor sculptures are the only art form that can simultaneously inspire awe and make you question your taste in decor when you realize you just don’t get it..
- Headline: A Nautical Dream Goes Sour. Impact: The downfall of the Enchantress taught future boat builders that financial obligations are important, leading to a new genre of reality TV shows about people who can’t manage their finances, all while trying to sell their misguided dreams.. Fact: The moral of this story? If you're going to build a historic ship, make sure you can actually afford the dock fees—otherwise, it might just end up as a cautionary tale on TV..
- Headline: Koch Leaves Gracie Mansion To Live in His Village Apartment. Impact: Mayor Koch's decision to swap the grandeur of Gracie Mansion for a cozy apartment led to a wave of politicians downsizing their living arrangements, creating a new trend whereby local government officials live in tiny homes, suggesting their policies are as small as their living spaces.. Fact: When a politician says they’re 'living among the people,' it usually means they’re just trying to avoid paying for a fancy mansion while still taking advantage of the free coffee in city hall..
- Headline: What Do Consumers Really Like? Try Specialty Shops, Fast‐Food. Impact: The consumer survey revealed that specialty shops would thrive, leading to the bizarre development of stores solely dedicated to selling artisanal air or handcrafted rocks. The trend sparked debates on what constitutes a 'specialty' anymore.. Fact: If you think fast food and specialty shops are two worlds apart, just wait until you see the artisanal burger places that charge you extra for the 'organic' ketchup..
- Headline: FILM VIEW. Impact: In the realm of film, the moments highlighted in '77 paved the way for future filmmakers to realize that the best way to grab attention is to blow things up, literally and figuratively, leading to the 'Michael Bay Effect'—where plot is secondary to explosions.. Fact: Memorable moments in film are like bad relationships—everyone remembers the highs, but most forget the awkward silences and cringeworthy dialogues..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)
INTC
Intel
Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)