- US Supreme Court rules Rotary Clubs must admit women (May 4).
- US Supreme Court Justice Lewis F. Powell, Jr., retires (June 26).
- Oliver North, Jr., tells Congressional inquiry higher officials approved his secret Iran-Contra operations (July 7–10).
US GDP (1998 dollars): $4,692.30 billion
Federal spending: $1003.91 billion
Federal debt: $2346.1 billion
Median Household Income
(current dollars): $26,061
Consumer Price Index: 113.6
Unemployment: 6.2%
Cost of a first-class stamp: $0.22
Movies
- Moonstruck, Wall Street, The Last Emperor, Fatal Attraction, Dirty Dancing
Grammys awarded in 1987
Record of the Year: "Higher Love," Steve Winwood
Album of the Year: Graceland, Paul Simon (Warner Bros.)
Song of the Year: "That's What Friends Are For," Burt Bacharach and Carole Bayer Sager, songwriters
3 comments:
Awww, Dirty Dancing :-(
Wall street and Fatal Attraction were both great Movies too!
Don't forget The Princess Bride!
Cool flashbacks! This post really took me back. The thing I recall most about Oliver North's hearings is that they preempted daytime TV shows (many of which I recorded during that period of time).
Post a Comment