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1976
Jimmy Carter became President; Federal spending was $371.79 billion
while the debt was
$629.0 billion; Viking I landed on Mars; and Richard Leakey discovered
a 1.5 million year old human skull.
1977
The neutron
bomb was developed; the movie Star Wars was released; Elvis Presley
died at age 42; and President Carter pardoned all Vietnam War draft
evaders.
1978
Karol
Cardinal Wojtyla of Poland became Pope John Paul II; the NY Yankees
beat the LA Dodgers in the World Series; the Walkman was introduced;
and the cost of a first-class stamp went to 15¢.
1979
Margaret
Thatcher became Prime Minister of Britain; a nuclear power plant
overheated at Three Mile Island, PA; and the Federal debt was up
to $829.5 billion.
1980
John Lennon
was assassinated; CNN was established; and the Mark Morris Dance
Group was established in NY.
1981
Iran freed 52 US hostages; Ronald Reagan became President; Sandra
Day OConnor became the first woman justice in the US Supreme
Court; and the cost of a first-class stamp went to 18¢ in March
and
20¢ in November.
1982
Federal spending was $745.76 billion while the debt was $1,137.3
billion; Cats opened on Broadway; and the first genetically-engineered
plant (a tomato) was approved for sale.
1983
The US invaded Grenada; compact discs (CDs) were introduced; the
last episode of MASH aired; and Motorola began testing cellular
phone service in Chicago.
1984
President Reagan was re-elected; Indian Prime Minister Indira Gandhi
was assassinated; the movie Amadeus won the Oscar for Best Picture;
and Apple Computer introduced the Macintosh.
1985
Mikhail Gorbachev became the leader of the Soviet Republic; the
US budget-balancing bill was enacted; Federal spending was $946.39
billion while the debt was $1,817.5 billion; and the price of a
first-class stamp went to 22¢.
1986
The space shuttle Challenger exploded shortly after launching killing
all aboard; Montreal won the Stanley Cup; and the Oprah Winfrey
Show made its debut.
1987
Oliver North revealed details of Iran-Contra operations; the Median
Household Income in the US (in current dollars) was $26,061; and
Prozac was introduced in the U.S.
1988
US and
Canada reached a free trade agreement; Pan-Am 747 exploded over
Lockerbie, Scotland; the LA Lakers won the NBA Championship; and
the cost for a first-class stamp: 25¢.
1989
The Berlin Wall opened after 28 years; thousands of Chinese students
took over Beijings Tiananmen Square; and Tim Berners-Lee developed
the first World Wide Web server and browser.
1990
Nelson Mandela was freed from jail; East and West Germany reunited;
Iraq invaded Kuwait; and the Hubble Space Telescope was launched.
1991
The Persian Gulf War came to an end; Minnesota won the World Series;
the Median Household Income (in current dollars) was $30,126; and
the price of a first-class stamp went to 29¢.
1992
The North
American Free Trade Agreement (NAFTA) was signed; Bill Clinton was
elected President; and after 20 years, Johnny Carson hosted The
Tonight Show for the last time.
1993
The World Trade Center in NY was bombed; Pete Sampras won at Wimbledon;
and the first human embryos were cloned (then destroyed).
1994
Major League baseball players went on strike; Federal spending was
$1460.84 billion while the debt was $4,643.7 billion; and the White
house put up its own Web page.
1995
Russian and American astronauts joined together in the space station,
Mir; an Oklahoma City Federal Building was bombed; the Metropolitan
Opera installed screens on audience seats to display captions; and
the first-class stamp went to 32¢.
1996
Britain
experienced an outbreak of mad cow disease; the FBI
arrested the suspected Unabomber; and Madelaine Albright was appointed
as the first female US Secretary of State.
1997
A genetically engineered lamb was created and named Polly;
Hong Kong was returned to Chinese Rule; and the Median Household
Income (in current dollars) was $37,005.
1998
President Clinton outlined the first balanced budget in 30 years;
the House impeached President Clinton on charges of perjury and
obstruction of justice; and 77-year old John Glenn returned to space.
1999
War broke out in Kosovo; Y2K was on everyones mind; the Senate
acquitted President Clinton; and the cost of a first-class stamp
went to 33¢.
2000
North and south Korea signed a Peace Accord; Yugoslavian President
Slobodan Milosevic was overthrown; the stockmarket began to plunge;
and AOL merged with Time Warner.
2001
George W. Bush, son of former President George Bush, became President;
the stockmarket woes continued; and terrorist acts reached U.S.
soil. And the first-class stamp? Estimated to rise from 34¢
to 37¢.
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