MAY 5, 1978

FRIDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN 2025
Min_Wage_Hourly: $2.80
Median_Home_Price: $42,480.00
Gas_Price_Avg: $1.05
Bread_Price_Avg: $0.45
Movie_Ticket_Avg: $2.53
First_Class_Stamp: $0.13
Milk_Price_Avg: $1.97
Top Movies By May 5, 1978
1 Coming Home
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Coming Home
2 House Calls
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House Calls
3 Pretty Baby
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Pretty Baby
4 The Fury
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The Fury
5 Straight Time
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Straight Time
6 Malibu Beach
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Malibu Beach
7 The Evil
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The Evil
8 Star Wars: Episode IV - A New Hope
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Star Wars: Episode IV - A New Hope
9 Close Encounters of the Third Kind
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Close Encounters of the Third Kind
10 Saturday Night Fever
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Saturday Night Fever
Blue Collar
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Blue Collar
Coach
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Coach
Record City
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Record City
Special Olympics
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Special Olympics
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Rabbit Test
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Rabbit Test
The Betsy
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The Betsy
Coma
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Coma
The Foreigner
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The Foreigner
Mirrors
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Mirrors
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Deathsport
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Deathsport
The Manitou
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The Manitou
Carroña
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Carroña
Superdome
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Superdome
A Night Full of Rain
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A Night Full of Rain
Laserblast
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Laserblast
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Killer of Sheep
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Killer of Sheep
May 5, 1978 Trivia
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Television On May 5, 1978
Columbo poster
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Columbo
Sesame Street poster
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Sesame Street
Saturday Night Live poster
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Saturday Night Live
Dallas poster
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Dallas
M*A*S*H poster
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M*A*S*H
The Love Boat poster
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The Love Boat
Barnaby Jones poster
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Barnaby Jones
Charlie's Angels poster
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Charlie's Angels
The Story of May 5, 1978

On May 5, 1978, President Jimmy Carter made headlines by asserting that lawyers contribute to unequal justice in the United States, a statement that sparked discussions about the legal profession's role in upholding fairness.

🧠 Inventions of 1978

Breakthroughs and everyday innovations from the year.

1 Global Positioning System Satellites
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Global Positioning System Satellites
2 Word Processing Software (WordStar)
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Word Processing Software (WordStar)
3 Digital Telephone Answering Machine
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Digital Telephone Answering Machine
4 Medical Imaging PACS Concept
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Medical Imaging PACS Concept
5 Electronic Spreadsheet (VisiCalc)
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Electronic Spreadsheet (VisiCalc)
6 Computer Animation Software
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Computer Animation Software
7 Automated Warehouse Robotics
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Automated Warehouse Robotics
8 Digital Signal Processor Chip
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Digital Signal Processor Chip
9 Video Game Console (Atari 2600)
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Video Game Console (Atari 2600)
10 Space Probe Voyager Instruments
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Space Probe Voyager Instruments

The Sounds of

The biggest hits of the year — Top 10 Pop & Country chart toppers

HEADLINES ON May 5, 1978

Full News Archive

  • Headline: Spinks Faces Charges in St. Louis Court. Impact: Spinks' arraignment sparked a nationwide debate on the role of athletes as role models, leading to a spike in parental decisions to enroll their children in ballet instead of boxing. Who knew a drug charge could bring about the rise of the Nutcracker Army?. Fact: Did you know that driving without a license is still considered illegal? Shocking, I know!.
  • Headline: Significant Crime Rate Decrease in NJ. Impact: The 5.8% drop in crime rate led to a sudden surge in reality TV shows about crime-fighting, resulting in the rise of 'Cops on Unicorns.' Who knew crime stats could inspire such fantastical programming?. Fact: Did you know that the only thing dropping faster than the crime rate in New Jersey is the morale of its residents?.
  • Headline: Carter Addresses Unequal Justice in America. Impact: Carter's speech about lawyers and justice inadvertently led to a rise in law school enrollments, and thus, the birth of countless 'lawyer jokes'—because what's more entertaining than laughing at your own misery?. Fact: Did you know that the average lawyer's fee is directly proportional to the amount of paperwork they can generate? It's a little known fact that makes the world go round!.
  • Headline: Excerpts From Carter's Speech to the Bar Association. Impact: Excerpts from Carter's speech became the basis for an entire generation of political memes, paving the way for the eventual rise of cat videos as the pinnacle of political discourse.. Fact: Did you know that speech excerpts are basically the political equivalent of sneak peeks? It's like a trailer, but with more legal jargon!.
  • Headline: Around the Nation. Impact: The NAACP conference in Chicago laid the groundwork for future social justice movements, inadvertently inspiring the creation of numerous hashtags—because nothing says 'change' like a trending topic.. Fact: Did you know that conferences are basically just fancy gatherings where people nod in agreement while secretly scrolling through their phones?.
  • Headline: Victorian Staten I.. Impact: Barbara Crossette's article on Staten Island's architectural sites accidentally turned the island into a hipster haven, where people now pay exorbitant rents to live among 'historical' buildings that Instagrammers have claimed as 'vintage.'. Fact: Did you know that walking tours are just an excuse to charge you for the privilege of exercising? It's like paying for a gym membership, but with more historical context!.
  • Headline: BREZHNEV IS IN BONN FOR FOUR‐DAY VISIT. Impact: Brezhnev's visit to Bonn inadvertently led to the construction of elaborate diplomatic puns, resulting in a new genre of comedy known as 'Cold War Stand-Up.'. Fact: Did you know that arms reduction discussions often lead to a sudden spike in the production of comedy arms—because laughter is the best weapon?.
  • Headline: ‘Handicapped American of Year’. Impact: James Jeffers' recognition as 'Handicapped American of the Year' inspired a whole generation of activists, causing a ripple effect that led to more accessible public spaces—because sometimes it takes a hero to open doors for everyone.. Fact: Did you know that making buildings accessible is just a fancy way of saying 'let's not trip over ourselves'? It's a win-win!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what it would be worth in 2025.
Rank #1
WMT
Walmart
Price in 1978
$0.01
Value in 2025
$7,945,492

Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)

Rank #2
INTC
Intel
Price in 1978
$0.18
Value in 2025
$199,890

Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1978
$0.49
Value in 2025
$423,037

Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)

🦸 Top 5 Comics
X-Men #111
X-Men #111
$75
Action Comics #484
Action Comics #484
$15
Daredevil #158
Daredevil #158
$75
Superman #233
Superman #233
$250
Peter Parker, The Spectacular Spider-Man #27
Peter Parker, The Spectacular Spider-Man #27
$30
🧸 Top 5 Toys
Star Wars Action Figures
Star Wars Action Figures
$300.00
Simon
Simon
$500.00
Lego Space Sets
Lego Space Sets
$350.00
Speak & Spell
Speak & Spell
$150.00
Hot Wheels
Hot Wheels
$30.00
🎮 Top 5 Video Games
Space Invaders
Space Invaders
$13,800
Adventureland
Adventureland
Unknown
Avalanche
Avalanche
$60.00
Astro Battle
Astro Battle
$200.00
Sky Diver
Sky Diver
$12.34
⚾ Top 5 Trading Cards
Wayne Gretzky Rookie Card
Wayne Gretzky Rookie Card
$4,000,000
Kenner Star Wars Series 1
Kenner Star Wars Series 1
$70.00
Topps Baseball 1978 Eddie Murray Rookie Card
Topps Baseball 1978 Eddie Murray Rookie Card
$3,000
Futera Muhammad Ali 1978
Futera Muhammad Ali 1978
$1,500
Topps Football 1978 Tony Dorsett Rookie Card
Topps Football 1978 Tony Dorsett Rookie Card
$20,000