President: Gerald Ford (Until Jan 20th) - Jimmy Carter (after Jan 20th) Vice President: Nelson Rockefeller (until Jan 20th) - Walter Mondale (after Jan 20th) U.S. Population: 216 Million Approx. World Population: 5.36 Billion Live Expectancy 72.51 years Inflation Rate: 6.5% Federal Debt: $ 302.9 Million COST OF LIVING
House $ 13,650.00 Average Income $ 13,550.00 (yearly) Average Rent: $ 240.00 (2 bedroom apt.) Minimum Wage $ 2.20 (per hour) Cost of New Car $ 7,900.00 (BMW 320i) 4 wheel Jeep $4,150.00 Gas (Gallon) $ .65 (for regular) Milk (Gallon) $ 1.04 Dozen Eggs $ .89 Tuition at Harvard $ 3,500.00 per year
NEWS OF 1977
1. Jimmy Carter succeeds Gerald Ford as the 39th President of the United States on January 20th. 2. January 21st, President Jimmy Carter pardons ALL Vietnam War draft evaders. 3. Elvis Presley (age 42) is found dead in Graceland, apparent heart attack. 4. Gary Gilmore is executed by Firing Squad in Utah (the first execution since the death penalty was re-instated in the US) 5. Scientists identify a previously unknown bacterium they call “Legionnaire’s Disease” 6. Gerald Ford pardons Iva Toguri D’Aquino (aka Tokyo Rose) 7. Jan 16th, Snow falls in Miami Florida (the first in recorded history) 8. A 44.9lb Lobster is caught off Nova Scotia (largest in history) 9. Star Wars opens to rave reviews and becomes the highest grossing film of all time(since broken several times) 10. James Earl Ray escapes from Brushy Mountain State Prison in Petros, TN, he is recaptured 3 days later. 11. Courageous, captained by Ted Turner sweeps Australia in the 24th America’s Cup Race. 12. The Food Stamp program is introduced. 13. Anita Bryant is “PIED” by four gay rights activists due to her comments about homosexuals. 14. San Francisco elects City Supervisor Harvey Milk as the first openly gay elected official of any large city. 15. Egyptian President, Anwar Sadat becomes the first Arab leader to officially visit Israel seeking a permanent Peace settlement. 16. British Airways inaugurates regular London to New York City supersonic Concorde service. 17. Nickelodeon Television Channel is launched as “The Pinwheel Network”. 18. CIA Director, George H.W. Bush resigns on January 20th. 19. Barney’s begins selling Women’s Fashions after 54 years of being a Men’s only retail store. Moving from 17th Ave to Madison Avenue. 20. President Carter proposes an Energy Program to help get us off Foreign Oils. 21. A Power failure in New York for 25 hours allows looting and theft amounting to over $150 million in damages 22. The Orient Express that began service in 1883 makes it’s last trip into Istanbul from Paris, most people prefer the 3 hours by air instead of the 60 hours by rail. 23. W.V.’s New River Gorge bridge is completed becoming the world’s longest steel arch bridge 24. Bill Gates and Paul Allen win a lawsuit against Altair 8800’s creator, H. Edward Roberts and retains their rights to their software programs. They then move back to their native Seattle Washington ... Microsoft is born 25. Hitchhiker’s Guide to the Galaxy is debuted on BBC. The creator also has been writing the series Dr. Who which is still running today. 26. Freddie Prinz is found dead, he was 22yrs old. 27. The Boy Scouts of America changes their name to Scouting/USA 28. Chewing gum magnate and Chicago Cubs owner, Phillip Wrigley dies leaving an estate valued at more than $60 million. 29. Blue Jean sales top 500 million pairs, up from 150 million pairs in 1957. Levi Strauss remains the largest producer of jeans today. 30. Perry Ellis Sportswear, Inc. is founded by Ellis (at age 38) 31. California suffers the worst drought year in history. 32. Congress bans U.S. manufacturing of nearly all aerosol products. 33. A baby Mammoth, frozen in ice for 40,000 years, is recovered in good shape in the Soviet Union. 34. Two homosexual men in New York City are diagnosed as having the rare-cancer Kaposi’s sarcoma, then later determined to have the first known AID’s in NYC. 35. The last recorded case of Smallpox is found in Somalia. It is believed to be completely eradicated now. 36. The last person executed by guillotine in France. Not sure what they use now?. 37. The Trans-Alaskan Oil pipeline opens 38. The U.S. returns the Panama Canal to Panama 39. World Trade Center in New York is completed
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