Which decade is 1980

Generations of workers, some college educated but most not, brought home a healthy paycheck from the old place until it closed in Now, nearly 1, engineers, scientists and others with advanced training work there designing and evaluating new tires. Sophisticated what-if analyses are suddenly possible, and custom-designed new tires can be produced in vastly less time. Nowadays, practically everyone who works at the World War I-vintage facility has computer skills.

What about all the other articles of belief about the American economy during the decade? But they did us all a favor by getting U. Accordingly, most of the takeovers were friendly. The threat of hostile takeover did help awaken complacent managements, and hostile takeovers helped redeploy assets more efficiently. A University of Chicago study of the hostile takeovers from found that only 2. That group was disproportionately white collar--folks whose unemployment rate is generally low--and total layoffs among those companies came to only 26, The savings and loans collapsed because Uncle Sam, in an attempt to save a dying industry, deregulated how thrifts could invest and what interest they could pay without removing the federal guarantee of deposits.

The taxpayers thus took on all the risk. And they provided capital for aggressive newcomers to shake up slothful corporations. If you think junk bonds are discredited relics, consider that the face value of junk bonds issued in was far greater than in any year during their supposed heyday. Actually, social spending grew. Housing subsidies for the poor, for instance, steadily increased under Presidents Ronald Reagan and George Bush.

Public education? What changed is what we expect from the schools and the kids we send them. What changed, in other words, was us. Were not the machinations of Wall Street important? Was there no spirit of selfishness in the land?

The answer, of course, is yes on all counts. The Reagan Administration, in particular, left us with staggering deficits that would have been hard to imagine previously. The Reagan Administration did weaken trade unions and keep down the minimum wage. Federal tax policies also contributed. Yet by far the biggest factor in growing economic inequality was the ever-higher compensation paid for knowledge and the poor wages paid for physical labor, as opposed to the gains on stocks, bonds or real estate.

George Deukmejian. But an even bigger factor was the Mexican economic restructuring of the s, which sent rural migrants pouring north into the fields of California. Villarejo and others say that the number of workers just increased too fast, driving down the price of labor.

Philip L. Capitalism--the word itself seems a kind of expletive in our mouths--makes us flinch. Its amoral nature, its emphasis on self-interest, its happy readiness to reward the unworthy, all make us squeamish. The corruption of men like Boesky and the outrageous pay of many corporate chieftains repel us. The whole world danced to "Beat it", "Billie Jean" and the title track, "Thriller.

Thriller holds the record of being the most-sold album ever. The s also had Madonna on the music scene — and to this day, no other female musician has managed to top the US pop icon's success. Lace skirts, revealing bra tops and pouting red lips, Madonna Louise Ciccone had moralists up in arms. The infamous Berlin Wall came down late on November 9, — all of a sudden, the border between West Berlin and communist East Berlin was broached.

The entire East Bloc opened up, and the Iron Curtain crumbled. Soviet President Mikhail Gorbachev, who led the way to open borders, was celebrated like a pop star. The world was moving toward a new order and an exciting decade came to a close. If you are 50 years old or thereabouts, you will remember the strange hair styles, the shoulder pads and the clothes in bright neon colors as well as music that sounded like it came from the depths of a plastic bucket.

You will remember the peace movement, dying forests and, in Germany, the environmentalist Greens party entering parliament for the first time.

The s was a decade fraught by unimaginable threat scenarios involving nuclear wars and nuclear energy, and it was a decade that celebrated many a revolution small and large, a legacy that still lives on today. The s in Germany. The show promises visitors checking out the exhibits some unforgettable "flashback moments. Today, we may smirk at the first, unwieldy mobile phones, but for people back then, they were science fiction come true.

Computers became common in households, even if the idea had previously been rejected as preposterous. Computer and communications technology plays a large role in the exhibition, and some of it is interactive: visitors can try out original s computers and play video games, too. References to one of the biggest scandals in Germany in the 20th century are part of the show, says its curator, Michael Reinbold: "We will be presenting one of the fake Hitler diaries by Konrad Kujau.

On display are also the leather jacket Udo Lindenberg once gave East German leader Erich Honecker, and rare memorabilia from a Nirvana concert in Oldenburg But if you see something that doesn't look right, click here to contact us! Subscribe for fascinating stories connecting the past to the present. In the late s and early s, a virus that had previously appeared sporadically around the world began to spread throughout the United States. As with most anti-drug initiatives, Just Say No—which became an American catch phrase in the s—evoked both support and criticism from the public.

The 80s Crack The brutal assault of the The s in the United States began with an historic low: more than 15 million Americans—fully one-quarter of all wage-earning workers—were unemployed. President Herbert Hoover did not do much to alleviate the crisis: Patience and self-reliance, he argued, were all Americans The Iran-Contra Affair was a secret U.

The controversial deal—and the ensuing political The Roaring Twenties was a period in history of dramatic social and political change. For the first time, more Americans lived in cities than on farms.

The s were a tumultuous time. In some ways, the decade was a continuation of the s. Women, African Americans, Native Americans, gays and lesbians and other marginalized people continued their fight for equality, and many Americans joined the protest against the ongoing Live TV. This Day In History. China continued it's growth and liberalization but suffered unrest towards the end of the 80's after student's protested in Tiananmen Square on June 4th and the authorities used force to quell the protests.

Famine in Ethiopia was shown to the world on our television screens in - and the pain and suffering caused the western world to find new ways to help including the Live Aid concert and many of the most popular stars contributed their time and performed for free in cities throughout the world , This has to be one of the most successful campaigns ever to create awareness and raise much needed funds by those who have the power to draw TV audiences around the globe.

The mixing of politics and Sport from in both and Olympics Boycotts by the worlds major powers. Players go on strike again in they win but lose fans for the game through their actions for striking and from drugs or alcohol used by the players. The Chicago Bears with running back Walter Payton considered by many to be one of the greatest teams of all time.

The s was an important decade in the television industry. The Cosby Show began in the middle of the decade and it enjoyed several years as the 1 television program because it was a witty and realistic rendering of family life during the era. It also destroyed the stereotype of poor African-American families that shows in the past only helped to reinforce.

Heathcliff Huxtable — the father on The Cosby Show — was an obstetrician while his wife — Claire — was a successful lawyer. Along with The Simpsons , many of these programs are available as DVD box sets for those who lived through the era and want to experience a feeling of nostalgia by experiencing these shows again.

The Eighties also saw the creation of a number of cable networks that viewers still enjoy today. The Weather Channel — based in Atlanta, GA — premiered in as a cable network that covered the weather 24 hours a day. It created a trend and today you have the option of several hour cable news networks to choose from. Even though many people scoffed at the idea of Fox being a major competitor, it has since created several popular and award-winning shows in its more than 20 year existence.

Music Television MTV was also a major breakthrough network in the decade and today viewers can choose from a large number of music-based television channels. Today In History Years and Decades. The events listed below we have tried to put a small paragraph on the specific year page providing additional information What Happened in History Mount St. Helens erupts in Washington state.

John Lennon is shot and dies. The popular video arcade game "Pac-Man" is released.