Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON May 8, 1978
Full News Archive
- Headline: 3 Cities to Choose Mayors Tomorrow. Impact: The fierce competition among mayoral candidates led to an unexpected increase in political ads, which eventually evolved into the modern campaign smear strategy. Nothing says 'vote for me' like a good ol' mud-slinging!. Fact: Did you know that the first political campaign ad was simply a painting of the candidate looking serious? Ah, simpler times!.
- Headline: Effort by Policemen's Union to Sell Ads To New York Merchants Fought in Court. Impact: The court battle to stop ad sales by the Policemen's Union inspired a new genre of 'protest art'—because nothing says 'I care' like a poster of a cop holding a donut with the slogan: 'Don't let us get too commercial!'. Fact: Fun fact: The 'souvenir journal' concept was later adopted by every high school that ever had a prom!.
- Headline: Landmark. Ho!. Impact: The Supreme Court’s decision not only protected journalistic integrity but also set the stage for the rise of sensationalist journalism, where every headline needed to be more outrageous than the last. Thank you, Landmark!. Fact: Fun fact: This case helped create the phrase 'no news is good news'—because if it’s not scandalous, who cares?.
- Headline: Cable TV: Optimistic But Unsure of Way. Impact: The optimism in the cable TV industry led to a never-ending influx of channels, creating an era when people could spend hours searching for something to watch—only to end up rewatching 'Friends' for the hundredth time. Thanks, cable!. Fact: Did you know that at one point there were more cable channels than viewers? Talk about a niche market!.
- Headline: MAIL VOLUME INCREASES, HELPING TO REDUCE DEFICIT. Impact: The increase in mail volume during this period eventually led to the birth of online shopping, because who doesn't love receiving packages instead of bills? Thanks, postal service!. Fact: Fun fact: The postal service once had a campaign that encouraged sending love letters. Now we just send memes!.
- Headline: Federal Agency Praises Cleanup Of Once ‘Stinking’ Meadowlands. Impact: The EPA's cleanup efforts not only restored the Meadowlands but also inspired a wave of eco-friendly initiatives across the country, proving that sometimes it takes a stinky mess to create a greener future.. Fact: Did you know that the Meadowlands were once so polluted that you could practically smell the regret of past generations? Talk about a comeback story!.
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)