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Then . . . and . . . Now

Gasoline      Then    $.78 - $1.29    Now     $2.65 - $2.80

Swatch         Then    $30.00             Now    $90.00

'86 Bronco    Then    $15,000          Now    $2,450     (2006 Ford Explorer $27,000)

Thunderbird   Then $13,000           Now    $28,000

Movie Ticket    Then $4.75               Now    $7.00

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Album            Then   $11.00             CD Now $18.00

Ropers          Then   $99.00              Now    $149.00

Economics - 2006

Median Household Income (2004 dollars):  
$44,389
Unemployment:   4.6%
Cost of a first-class stamp:   $0.37

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Economics - 1986

US GDP (1998 dollars):  
$4,422.20 billion
Federal spending:   $990.34 billion
Federal debt:   $2120.6 billion
Median Household Income
(current dollars):  
$24,897
Consumer Price Index:   109.6
Unemployment:   7.0%
Cost of a first-class stamp:   $0.22

Events

  • Barry Diller, head of News Corp., creates Fox, the fourth television network. Fox offers 10 hours of prime-time programming a week.
  • The Television Bureau of Advertising announces that the average American household watches television for more than seven hours a day.
  • The Oprah Winfrey Show hits national television.
  • The Academic American Encyclopedia is available on CD-ROM. It is the first reference work published in this medium.
  • Nintendo video games introduced in U.S.

Movies

  • Platoon, Hannah and Her Sisters, The Color of Money, The Mission

Entertainment Awards

Pulitzer Prizes
Fiction: Lonesome Dove, Larry McMurtry
Music: Wind Quintet IV, George Perle

Oscars awarded in 1986
Academy Award, Best Picture: Out of Africa, Sydney Pollack, producer (Universal)

Nobel Prize for Literature: Wole Soyinka (Nigeria)

 

Grammys awarded in 1986
Record of the Year: "We Are the World," USA for Africa
Album of the Year: No Jacket Required, Phil Collins (Atlantic)
Song of the Year: "We Are the World," Michael Jackson and Lionel Richie, songwriters

 

Miss America: Susan Akin (MS)

Sports

Super Bowl
Chicago d. New England (46-10)

World Series
NY Mets d. Boston Red Sox (4-3)

NBA Championship
Boston d. Houston (4-2)

Stanley Cup
Montreal d. Calgary (4-1)

Wimbledon
Women: Martina Navratilova d. H. Mandlikova (7-6 6-3)
Men: Boris Becker d. I. Lendl (6-4 6-3 7-5)

Kentucky Derby Champion
Ferdinand

NCAA Basketball Championship
Louisville d. Duke (72-69)

NCAA Football Champions
Penn St. (12-0-0)

World Cup
Argentina d. W. Germany (3-2)


Do you remember these events?

January

Explosion of the Space Shuttle Challenger.
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Explosion of the Space Shuttle Challenger.

February

March

April

The Chernobyl reactor following the explosion.
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The Chernobyl reactor following the explosion.

May

June

July

August

September

October

November

December

  • December 23 - Voyager completes the first nonstop circumnavigation of the earth by air without refueling in 9 days, 3 minutes and 44 seconds.

Births

January

February

March

April

May

June

July

August

September

October

November

December

Deaths

January

February

March

April

May

June

July

August

September

October

November

December