Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON May 7, 1983
Full News Archive
- Headline: Cheech and Chong's Comic Comeback. Impact: The resurgence of Cheech and Chong in the comedy scene sparked a nationwide obsession with stoner culture, ultimately leading to the invention of the 'couch potato' lifestyle and the creation of numerous snack food empires. Who knew that a couple of guys would inspire the rise of Doritos and Cheetos to cult status?. Fact: Did you know that Cheech and Chong’s comedy could be considered the gateway drug to a career in making bad puns? You're welcome!.
- Headline: Unexpected Surge in Money Supply. Impact: The unexpected rise of the money supply in 1980 led to inflationary pressures that would echo through the decades, resulting in countless conspiracy theories about how 'they' control 'the economy.' Spoiler alert: 'They' are just trying to make sense of the chaos.. Fact: Did you know that when money supply goes up, so do the chances of a new economic crisis? It's like a roller coaster ride, but without the fun or safety harness!.
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)