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 July 5, 1978
Full News Archive
- Headline: Nathaniel Rosen Triumphs in Moscow. Impact: Nathaniel Rosen winning the Tchaikovsky Competition set off a chain reaction of cellists practicing furiously in basements across America. This led to an overabundance of cellists, which in turn caused a crisis in orchestral seats. By 2025, cellists were negotiating for their own congressional seats.. Fact: Did you know that Van Cliburn's gold medal win was so influential, it was said to have inspired an entire generation of musicians to pick up instruments just to avoid being asked to play the accordion?.
- Headline: Meadowland Plan for Recycling Facilities. Impact: The Meadowland recycling plan, while noble, inadvertently sparked a national debate about what constitutes 'solid waste.' It led to a bizarre trend where people started recycling their ex-spouses, citing 'waste of potential.'. Fact: Recycling plants are like the hipsters of the waste world; they take what others throw away and make it fashionable again – too bad they can't recycle bad ideas!.
- Headline: U.S. Decides to Permit Israeli Sale 01 50 to 60 Jet Fighters to Taiwan. Impact: The U.S. allowing Israel to sell fighter jets to Taiwan not only escalated tensions in the region but also inspired a new reality show: 'Fighter Jet Swap,' where countries trade military hardware for snacks and souvenirs. Ratings were through the roof.. Fact: This arms deal was so significant that it was rumored to be the plot twist of a low-budget action movie starring a long-haired hero fighting for peace... or something like that..
- Headline: Around the Nation. Impact: The EPA's proposed rules for handling hazardous substances made headlines and led to a nationwide panic about the safety of household cleaners. Soon, people were living in 'clean zones' where any hint of bleach was outlawed.. Fact: Hazardous waste management is like a toxic relationship; it’s always complicated, and you eventually have to find a way to get rid of the bad stuff..
- Headline: Jersey City Group Set Up to Halt Increase in Abandoned Buildings. Impact: The formation of the Housing Policy Committee in Jersey City led to an unexpected surge in DIY home repair shows that glorified the art of fixing up abandoned buildings. Soon, everyone thought they could be the next Chip and Joanna Gaines.. Fact: Abandoned buildings are just homes waiting for their glow-up – like that friend who finally got their life together after college..
- Headline: Books of The Times. Impact: The 'Books of The Times' feature led to an unexpected spike in book clubs nationwide, which quickly devolved into wine-fueled debates about whether the book was better than the movie. Spoiler: it usually wasn’t.. Fact: If you want to confuse a book club, just show up with a book that has been adapted into a movie they haven’t seen – chaos guaranteed!.
- Headline: Air‐Conditioners: A Look at Repairs. Impact: The air conditioner repair debacle led to a nationwide movement demanding transparency from repair shops. In response, the 'AC Repair Transparency Act' was proposed, which ironically made it even harder for honest repairmen to survive.. Fact: Consumer Affairs found that 7 out of 11 shops misdiagnosing problems was just a fancy way of saying they were really good at guessing… like a game of HVAC roulette!.
- Headline: Afghan Boy, at 8, Looking to College And His Ph. D at 11. Impact: Sayed Jalal's prodigious intellect at a young age sparked a bizarre new trend of parents enrolling their toddlers in Ph.D. programs. By 2030, kindergarten classrooms were filled with kids arguing the merits of quantum physics over snack time.. Fact: In the race for academic achievements, Sayed Jalal is like the Usain Bolt of education – just don’t ask him about recess; that’s a whole different ball game..
- Headline: Television. Impact: The blackout on Long Island and New Jersey led to a spontaneous resurgence in outdoor activities, as families were forced to rediscover nature. Ironically, it was the last time anyone willingly went camping.. Fact: Power outages are nature’s way of reminding us that sometimes, it’s good to unplug… or at least make sure you have enough candles for a mini disco..
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)