Verified invention milestones and practical breakthroughs associated with the year.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON July 7, 1979
Full News Archive
- Headline: Jobless Rate Hits Lowest Point Since 1974. Impact: This slight dip in unemployment led to an influx of disco balls being manufactured and subsequently caused a nationwide shortage of polyester. Who knew job security could lead to such tragic fashion choices?. Fact: Did you know that the only thing less stable than the job market in the '70s was the price of gas? Talk about a double whammy!.
- Headline: Dispute Over Satellite Cable TV Rights. Impact: This dispute sparked a decade-long feud between cable companies and satellite providers, leading to the creation of 'cable snob' culture. The first person to choose cable over satellite was later found wearing a beret and sipping an espresso.. Fact: Did you know that before satellite TV, people actually had to talk to each other during commercial breaks? Shocking, I know!.
- Headline: School Bus Contract Bidding in NYC. Impact: The fierce competition for school bus contracts led to a series of increasingly bizarre bus designs, culminating in the infamous 'Disco Bus' that only played the Bee Gees. Kids were thrilled, parents were not.. Fact: Did you know that NYC's school buses once had a side gig as mobile karaoke lounges? No? Just me then?.
- Headline: Veto Fight a New Peril for Brown. Impact: This veto battle not only caused political ripples in California but also inspired a generation of young activists to create a bingo game where every square was a governor's veto. Who knew politics could be so entertaining?. Fact: Did you know that California's budget woes were so bad they considered selling naming rights to highways? 'Welcome to the Taco Bell Freeway!'.
- Headline: For Joggers and Muggers, the Trendy Sneaker. Impact: The rise of trendy sneakers inadvertently led to a massive spike in joggers being mistaken for muggers, forever altering the fashion landscape of urban running. Who knew looking good could be so dangerous?. Fact: Did you know that sneakers were once considered a fashion faux pas? That was before they became the official shoe of the 'I just got off the couch' lifestyle..
- Headline: Gonzalez Stops Oguma And Keeps W.B.A. Title. Impact: Gonzalez's victory not only secured his title but also inspired a wave of underdog stories in sports, leading to the phenomenon of the 'Rocky' montage that every aspiring athlete feels compelled to create.. Fact: Did you know that boxing matches are the only sport where getting punched in the face is celebrated? Talk about a unique career path!.
- Headline: Yale Crews Continue Advances at Henley. Impact: Yale's rowing success at Henley caused a ripple effect that led to an increase in boat sales and a simultaneous decline in gym memberships. Who needs a gym when you can row your way to glory?. Fact: Did you know that rowing is the only sport where you can look sophisticated while simultaneously sweating profusely? It's a skill, really..
- Headline: A Tenant Reform Becomes Untenable. Impact: This editorial sparked a wave of legislative changes that would eventually lead to the creation of the 'Tenant's Rights Movement,' proving once again that when it comes to housing laws, nothing is ever truly settled.. Fact: Did you know that tenant rights discussions can get more heated than a family Thanksgiving dinner? Pass the mashed potatoes and the lease agreements!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1979, it would be worth $6,997,064 today (6997.1x return)
INTC
Intel
Intel - If you invested $1,000 in 1979, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1979, it would be worth $417,979 today (418.0x return)