1989's Reflection

Money and Inflation 1989

To provide an estimate of inflation, if you have $100 converted from 1980 to 2009 it would be equivalent to $293.45 today

In 1989:
The average cost of a new home was $120,00.00
The average income per year was $27,210.00 
A gallon of gas was 97 cents
The average cost of new car was $15,400.00

What happened in 1989? 

  • USSR pulls out of Afghanistan
  • George Bush Sr. becomes President of US
  • US Supreme Court ruled flag burning as form of free speech
  • Toyota launches the luxury brand: Lexus
  • Sinead O'Connor does the grammy's - bald
  • Serial killer Ted Bundy is executed in FL electric chair
  • The first 24 satellites of the GPS which we now use - were put into orbit
  • The 486 processor is introduced by Intel
  • FL and VA allow use of DNA fingerprinting to be admissible evidence
  • Microsoft releases MS Office for first time
  • PLO and Israel begin preliminary talks
  • US government provides a $150 billion bail out for 100's of saving & loan assoc.
     

    Pop Culture in 1989:

    Popular Movies

    • Batman
    • Indiana Jones and the Last Crusade
    • Lethal Weapon 2
    • Twins
    • Back to Future Part 2
    • Ghostbusterse Part 2
    • Driving Miss Daisy
    • Dead Poets Society
    • Licence to Kill
    • My Left Foot
    • The Little Mermaid
    • Honey, I shrunk the Kids
    • When Harry Met Sally 

    Popular Musicians 

    • Duran Duran
    • Paul McCartney
    • Phil Collins
    • Prince
    • Madonna
    • Erasure
    • The Bangles
    • New Kids on the Block
    • Cher
    • R.E.M.
    • Depeche Mode
    • Paula Abdul
    • Garth Brooks
    • Elvis Costello

    1989 - Centel - first cell phone ad!

    1989 - IBM PS/2 Computer Ad!

    1989 - Coke's Ad - You can't beat the Feeling!

     

     

     

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