Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON April 7, 1978
Full News Archive
- Headline: Agreement on Radio City Tower Project. Impact: The Radio City Tower project becomes a symbol of urban greed, inspiring future developers to think they can just build over anything, including dreams and public spaces.. Fact: Radio City Music Hall has hosted so many performances that it might just be the only building in NYC with more drama than the entire city council..
- Headline: Nixon Phone Tap Civil Suit Dismissed. Impact: The dismissal of the suit against Nixon leads to a slippery slope where future politicians realize they can operate in the shadows, forever complicating the concept of accountability.. Fact: Nixon's phone taps were so famous that they almost got their own reality TV show: 'Keeping Up with the Nixon's Calls.'.
- Headline: It's Bluegrass All Day Long In Hicksville. Impact: The bluegrass contest in Hicksville becomes the birthplace of a future viral dance craze that takes over social media, leading to 'Bluegrass TikTok' and countless awkward family gatherings.. Fact: If you think bluegrass music is just a bunch of banjos, you're right. But it also has more heart than most modern pop songs!.
- Headline: Ouster for Homosexual Conduct By Teachers Passed in Oklahoma. Impact: The bill allowing the ouster of teachers for homosexual conduct creates a ripple effect, leading to future generations of LGBTQ+ activists who are far less tolerant of intolerance.. Fact: Discharging teachers for being themselves? That's like firing a chef for being too passionate about food. Spoiler: it doesn't end well..
- Headline: Nicolas Nabokov, 75, a Composer; Did ‘Don Quixote,’ Other Ballets. Impact: Nicolas Nabokov's legacy encourages a resurgence of ballet that inadvertently leads to a dance-off between classical composers and modern pop stars in the 21st century.. Fact: Nabokov’s 'Don Quixote' is proof that even the most serious art can have a sense of humor—just like this history lesson..
- Headline: Economic Dilemmas for President: Inflation, Recession and the Dollar. Impact: The economic dilemmas during Carter’s presidency become a blueprint for future presidents, who continue to ignore the elephant in the room while they argue over peanuts.. Fact: The word 'inflation' has been used so often in political discourse that it might just be the most overused term since 'unprecedented.'.
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)