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 August 26, 1983
Full News Archive
- Headline: Steel Prices Surge by 7%. Impact: The 7% increase in steel prices triggered a chain reaction in the automotive industry, leading to a surge in bicycle sales as people realized they could no longer afford cars. This ultimately paved the way for the hipster bicycle revolution of the late 2000s, where fixies became the new status symbol.. Fact: Did you know that steel is actually just the superhero version of iron? It's like the Iron Man suit, but without the flying or the billionaire playboy part..
- Headline: 'STRANGE BREW': A Comic Adventure. Impact: The quest for beer in 'Strange Brew' led to the creation of countless craft breweries in the 1990s, giving rise to hipster bars where people would pay $10 for a pint of something that tastes like a pine tree. Cheers to progress!. Fact: Did you know that the average adult will spend about 5 years of their life searching for the perfect beer? That's right, it's a full-time job!.
- Headline: 'MR. MOM,' DOMESTIC COMEDY. Impact: The portrayal of a househusband in 'Mr. Mom' sparked a movement that led to the rise of stay-at-home dads, who would later bond over diaper duties and Netflix marathons, forever changing the landscape of parenting. Thanks for the inspiration, Hollywood!. Fact: Did you know that the term 'Mr. Mom' is often used to describe dads who secretly binge-watch reality TV while pretending to be busy? It's basically a badge of honor..
- Headline: ECONOMIC SCENE; HEALTH CARE'S SOARING COSTS. Impact: The soaring costs in health care led to the invention of medical bankruptcy, which became the favorite pastime of Americans in the 1980s. This trend eventually resulted in the widespread popularity of GoFundMe campaigns for hospital bills.. Fact: Did you know that in the U.S., the only thing that rises faster than health care costs is the number of people pretending to know how to fix it on social media?.
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)