DECEMBER 8, 1978

FRIDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN THE 2025 DATASET
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 From 1978
1 Grease
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Grease
2 Superman
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Superman
3 National Lampoon's Animal House
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National Lampoon's Animal House
4 Every Which Way But Loose
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Every Which Way But Loose
5 Heaven Can Wait
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Heaven Can Wait
6 Hooper
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Hooper
7 Jaws 2
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Jaws 2
8 Revenge of the Pink Panther
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Revenge of the Pink Panther
9 The Deer Hunter
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The Deer Hunter
10 Halloween
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Halloween
Coming Home
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Coming Home
Blue Collar
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Blue Collar
Foul Play
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Foul Play
Coach
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Coach
Record City
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Record City
Paradise Alley
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Paradise Alley
A Wedding
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A Wedding
Special Olympics
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Special Olympics
French Quarter
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French Quarter
The Lord of the Rings
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The Lord of the Rings
The Swarm
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The Swarm
Pretty Baby
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Pretty Baby
The Pirate
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The Pirate
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
Stunt Rock
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Stunt Rock
The Bastard
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The Bastard
Goin' South
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Goin' South
The Squeeze
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The Squeeze
House Calls
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House Calls
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
The Norseman
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The Norseman
The Fury
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The Fury
The Suicide
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The Suicide
Mirrors
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Mirrors
Getting Married
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Getting Married
Dear Jimmy
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Dear Jimmy
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Escapade
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Escapade
The Evil
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The Evil
Vampire Hookers
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Vampire Hookers
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
Night Creature
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Night Creature
Born Again
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Born Again
Animal House
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Animal House
Northern Lights
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Northern Lights
The Bees
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The Bees
Girlfriends
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Girlfriends
Stony Island
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Stony Island
Midnight Express
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Midnight Express
The Mongreloid
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The Mongreloid
High-Ballin'
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High-Ballin'
The Manitou
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The Manitou
Carroña
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Carroña
Skin Deep
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Skin Deep
Matilda
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Matilda
Fairy Tales
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Fairy Tales
Newsfront
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Newsfront
Superdome
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Superdome
The Playbirds
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The Playbirds
Deathmoon
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Deathmoon
A Night Full of Rain
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A Night Full of Rain
Stevie
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Stevie
Laserblast
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Laserblast
The Seniors
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The Seniors
Day of the Woman
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Day of the Woman
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Close Encounters of the Third Kind
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Close Encounters of the Third Kind
Saturday Night Fever
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Saturday Night Fever
Killer of Sheep
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Killer of Sheep
December 8, 1978 Trivia
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Television On December 8, 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 December 8, 1978

On December 8, 1978, the Argentine Peso faced a significant decline, reflecting the country's ongoing economic turmoil.

Inventions & Breakthroughs of December 1978

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

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

Popular recordings and roots/country selections associated with the year

HEADLINES ON December 8, 1978

Full News Archive

  • Headline: Argentine Peso Hits New Record Low. Impact: The plunge of the Argentine peso led to a global obsession with currency trading, eventually resulting in the creation of entire industries dedicated to Forex trading apps. Who knew a currency collapse could inspire a generation of amateur day traders?. Fact: Did you know the Argentine peso's value drop was so dramatic that it made the Titanic look like it just had a little leak?.
  • Headline: Cities Collaborate on Arts Diversity. Impact: This arts variety gathering sparked a chain reaction leading to every city in America attempting to be the 'next arts capital.' Spoiler alert: they all failed, but at least the coffee shops thrived.. Fact: Did you know that the only thing more predictable than a city arts meeting is the overwhelming number of latte art competitions that follow?.
  • Headline: Actors Strike Halts Commercial Production. Impact: The actors' strike caused a nationwide panic as commercial production halted, resulting in a black market for jingles. Who knew that desperate brands would resort to hiring garage bands for their ad campaigns?. Fact: Did you know that during the strike, the most popular form of entertainment became watching paint dry? It really captured the essence of 'waiting for the next big thing.'.
  • Headline: Dance: Ailey's Joplin. Impact: Ailey's 'Flowers' revival somehow ended up inspiring a dance craze that swept through every office party—because nothing says 'team building' like awkwardly trying to replicate professional choreography.. Fact: Did you know that 'Flowers' is still less confusing than trying to figure out how to dance at a wedding? Just remember: two left feet are not a valid excuse!.
  • Headline: ALBANY COMPROMISE ON MORTGAGE RATES PASSES THE SENATE. Impact: The Albany compromise on mortgage rates turned into a decades-long saga of housing market debates, ultimately leading to a reality TV show called 'Who Wants to Be a Homeowner?' Spoiler: nobody wins.. Fact: Did you know that every time a politician mentions 'mortgage rates,' a homeowner's blood pressure rises by about 10 points? It's a scientifically proven fact!.
  • Headline: F.A.A. DEFENDS VIEW ON SAN DIEGO CRASH. Impact: The FAA's refusal to improve radar at San Diego led to a series of unfortunate aviation incidents, resulting in a global initiative for better air traffic control tech—because who needs safety when you can save a buck?. Fact: Did you know that 'better spent elsewhere' is code for 'we really just wanted to buy a new office coffee machine' in bureaucratic lingo?.
  • Headline: Carter Will Ask Congress to Free Gasoline Prices. Impact: Carter's gasoline price hike request kickstarted a national trend of blaming every inconvenience on gas prices, leading to the phrase 'it's the price of gas' becoming the go-to excuse for everything from being late to work to not having enough snacks at a party.. Fact: Did you know that gas prices are like the weather? Everyone talks about them, but nobody can actually do anything about it!.
  • Headline: Democratic Conference AT A GLANCE. Impact: The Democratic Conference outline was so detailed that it inspired a thousand unproductive meetings, causing a ripple effect of paperwork and confusion that still haunts office environments today.. Fact: Did you know that outlining an agenda is actually ancient code for 'let's all pretend we know what we're doing'?.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what the stored 2025 dataset estimates.
Rank #1
WMT
Walmart
Price in 1978
$0.01
2025 dataset value
$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
2025 dataset value
$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
2025 dataset value
$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