Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON January 7, 1983
Full News Archive
- Headline: Reagan's Economic Policy Shift Explained. Impact: Reagan's shift in economic policy led to the rise of trickle-down economics, which is a theory that is still being debated today. One could argue that if only Reagan had chosen to emphasize the importance of 'sharing the wealth,' we might have a completely different world right now—like one where people actually share their avocado toast.. Fact: Did you know that Reagan's economic policies were so influential that they inspired a whole generation of politicians to embrace 'tax cuts for the rich'? Because clearly, that worked out well for everyone, right?.
- Headline: Nakasone Advocates Strong U.S.-Korea Relations. Impact: Nakasone's push for a close relationship with the U.S. and South Korea essentially set the stage for a decades-long political friendship that has influenced everything from pop culture to military strategy. Who knew that a little geopolitical buddy-buddy could lead to K-Pop domination?. Fact: Fun fact: Nakasone was known for his love of golf, which is ironic considering he was trying to build strong international ties while probably just trying to avoid hitting that little white ball into the rough..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1983, it would be worth $784,047 today (784.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1983, it would be worth $188,194 today (188.2x return)