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 April 10, 1983
Full News Archive
- Headline: Understanding I.R.A. Contribution Benefits. Impact: The fascination with I.R.A.s led to a global obsession with saving for retirement, prompting the creation of wildly unnecessary retirement-themed merchandise, like 'Retirement Planning' coffee mugs and t-shirts. Who knew that contemplating mortality could be so fashionable?. Fact: I.R.A. stands for 'Individual Retirement Account,' but it could also stand for 'I Really Am anxious about my future.'.
- Headline: Lobster Trawling Controversy in Long Island. Impact: The lobster trawling controversy sparked a new wave of environmental activism, eventually leading to the formation of 'Lobster Rights' groups that campaigned for better treatment of crustaceans, ensuring they had their own 'lobster liberation' parades.. Fact: Lobsters can live up to 50 years, which means they’ve had plenty of time to form their own opinions about fishing regulations. Spoiler: they’re not fans..
- Headline: LOST GLORIES OF DUCKPIN BOWLING. Impact: The resurgence of duckpin bowling led to a bizarre revival of 80s fashion, with neon leg warmers and mullets becoming the unofficial uniform of the sport. Duckpin bowling leagues may have inadvertently sparked a new retro craze.. Fact: Duckpin bowling is the only sport where you can claim you were ‘just trying to knock down some pins’ while simultaneously dodging an existential crisis..
- Headline: FEE BATTLE GROWS BEYOND THE CAMPUS. Impact: The fee battle in colleges inspired a generation of student activists who took their cause to the streets, only to find they were just marching in circles around their campus coffee shops. Progress was made... just not in the way anyone expected.. Fact: Colleges have been in ideological wars since the 1970s. Honestly, if they spent as much time teaching students as they did debating fees, we'd have a generation of financial wizards instead of debt-ridden philosophers..
- Headline: WHERE TO GO TO SEEK HELP. Impact: Awareness of mental health services led to a paradoxical situation where people began seeking help for their anxiety over having too many choices for help, thereby creating a new breed of meta-anxiety.. Fact: The Yellow Pages were once the go-to for finding help, but now they primarily serve as a nostalgic reminder of how we used to look up numbers—like those old-timey wizards who used to call on their crystal balls..
- Headline: LINCOLN TUNNEL TUBE, POUNDED BY TRAFFIC, IS BEING RESURFACED. Impact: The resurfacing of the Lincoln Tunnel became a metaphor for society's repetitive efforts to fix systemic issues, only to find ourselves back in traffic with the same problems—just a smoother ride.. Fact: The Lincoln Tunnel is one of the busiest tunnels in America, proving that even in transportation, people will choose the most congested route possible to avoid having an actual conversation..
- Headline: WEEK IN BUSINESS; BANK-BUYING BINGE GETS A YELLOW LIGHT. Impact: The moratorium on bank purchases led to a new wave of creativity in the financial sector, where rogue investors began creating ‘bankless banks’ that were, ironically, just people trading snacks for cash in their living rooms.. Fact: The Reagan Administration's efforts to bring order to the financial chaos only succeeded in creating a new layer of chaos—like trying to organize your sock drawer and instead ending up with a yarn shop..
- Headline: WHAT'S NEW WITH THE I.R.A.'S. Impact: The last-minute rush to open I.R.A.s resulted in banks hiring armies of interns to process applications, leading to an influx of 'I’m just here for the free coffee' memes across social media.. Fact: The April 15th tax deadline is the only day of the year when millions of Americans simultaneously experience a collective existential crisis—who knew taxes could be such a bonding experience?.
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)