A look back at 1980

Top News Headlines:

* Vietnam takes over Cambodia

* Shah leaves Iran for "vacation"

* Ayatollah Khomeini returns to Iran from France

* China invades Vietnam

* Accident at 3-Mile Island Pa., nuclear plant threatens area

* OPEC announces further oil price increase, 50% in one year

* $1.5 billion federal bailout is approved for Chrysler

 

Top songs from 1980

1. Heart of Glass -- Blondie

2. My Sharona -- The Knack

3. Just When I Needed You Most -- Randy Van Warmer

4. Escape (The Pina Colada Song) -- Rupert Holmes

5. I Will Survive --Gloria Gaynor

6. Y.M.C.A. -- Village People

7. Sad Eyes -- Robert John

8. Fire -- Pointer Sisters

9. Ring My Bell -- Anita Ward

10. Devil Went Down to Georgia -- Charlie Daniels

 

1980 Economy

President: James Earl Carter, Jr.

Vice President: Walter F. Mondale

Population: 225,055,487

Life Expectancy: 73.9 years

Dow-Jones

High: 907

Low: 742

Federal Spending: $504.03 billion 

Federal Debt: $829.5 billion 

Inflation: 13.3%

Consumer Price Index: 72.6

Unemployment: 6.1%

Cost of a new home: $71,800.00

Median Household Income: $16,461.00

Cost of first class stamp: $0.15

Cost of a gallon of regular gas: $0.86

Cost of a dozen eggs: $0.85

Cost of a gallon of milk: $1.62

 

 



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