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Here's a quick flashback to what was going on in 1979! 

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:  5.8%
Violent Crime Rate (per 1,000): 55.7
Property Crime Rate (per 1,000): 50.2

What did it cost in 1979? (national average)
Cost of a new home:  $71,800.00 
Cost of a new car:  $7,000 to $8,000 
Median Household Income:  $16,461.00 
Cost of a first-class stamp:  $0.15 
Cost of a gallon of gas:  $0.90 
Cost of a dozen eggs:  $0.85 
Cost of a gallon of Milk:  $1.62
Coast of a loaf of bread: 40 cents

 


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