Time Capsule: 1988

News & Economy

President: Ronald W. Reagan
Vice President: George Bush

Population: 244,498,982
Life expectancy: 74.9 years

Dow-Jones High: 2,183
Dow-Jones Low: 1,879

Cost of a new home: $138,300.00
Cost of a new car: $--
Median Household Income: $27,225.00
Cost of a first-class stamp: $0.25
Cost of a gallon of gas: $1.08
Cost of a dozen eggs: $0.89
Cost of a gallon of milk: $2.30

News Headlines

USSR Plans To Withdraw From Afghanistan 

Noriega Indited On Drug Charges 

Aid To Contras Voted Down By House 

Prostitute Reveals Liaison, TV Preacher Jimmy Swagggart Resigns 

Vietnam Plans To Withdraw From Cambodia 

Beaches Close As Record Heatwave Hits US Increasing Pollution  

Junk Bond Dealer Micheal Milken Charged With Insider Dealing 

US Accuses Iraq Of Mustered Gas Attacks On Kurds 

Bush Wins Presidency 

280 Die On Pan AM Flight 103 Over Scotland, Bomb Suspected

Music

Billboard Top 10
1. Anything For You - Gloria Estefan & Miami Sound Machine 
2. Get Outta My Dreams, Get Into My Car - Billy Ocean 
3. Flame, The - Cheap Trick 
4. Don't Worry Be Happy - Bobby McFerrin 
5. Wild, Wild West - The Escape Club 
6. Seasons Change - Expose 
7. Wishing Well - Terence Trent D'Arby 
8. Baby, I Love Your Way - Will To Power / Freebird Medley 
9. Hold On To The Nights - Richard Marx 
10. Shattered Dreams - Johnny Hates Jazz

Top Albums
• Appetite for Destruction - Guns N' Roses 
• Bad - Michael Jackson 
• Dirty Dancing - Sound Track 
• Faith - George Michael 
• Hystrtia - Def Leppard 
• Kick - INXS 
• Tracy Chapman - Tracy Chapman

Grammy Awards

Album of the Year: 
Faith, George Michael
Best New Artist:Tracy Chapman
Best Pop Duo or Group: 
Brasil, Manhattan Transfer
Best Pop Female Vocal: 
“Fast Car,” Tracy Chapman
Best Pop Male Vocal: 
"Don't Worry Be Happy,” Bobby McFerrin
Best Rock Duo or Group: 
“Desire,” U2 
Best Rock Female Vocal: 
Tina Live in Europe, Tina Turner 
Best Rock Male Vocal: 
“Simply Irresistible,” Robert Palmer
Record of the Year:
“Don't Worry Be Happy,” Bobby McFerrin
Song of the Year: 
“Don't Worry Be Happy"

Movies

Top 5 Movie Money Makers
Rain Man-$172,825,435 
Who Framed Roger Rabbit?-$154,112,492 
Coming to America-$128,152,301 
Big-$113,883,454 
Twins-$111,784,821 
Crocodile Dundee II=$109,306,210

Academy Awards

Best Actor: Dustin Hoffman: Rain Man
Best Actress: Jodie Foster: The Accused
Best Director: Barry Levinson: Rain Man
Best Picture: Rain Man
Best Supporting Actor: Kevin Kline: A Fish Called Wanda
Best Supporting Actress: Geena Davis: The Accidental Tourist

Television

Americas Top 10 TV Favorites
1. Roseanne
2. The Cosby Show
3. A Different World
4. Cheers
5. 60 Minutes
6. The Golden Girls
7. Who's The Boss?
8. The Wonder Years
9. Murder She Wrote
10. Empty Nest

Emmy Awards

Drama...
Best Drama - L.A. Law (NBC)
Best Actor - Carroll O'Connor, In the Heat of the Night
Best Actress - Dana Delany, China Beach

Comedy...
Best Comedy - Cheers (NBC)
Best Actor - Richard Mulligan, Empty Nest
Best Actress - Candice Bergen, Murphy Brown

Sports

Football
Superbowl XXIII:
San Francisco 20 - Cincinnati 16
Pro MVP:
Boomer Esiason, Cincinnati, QB & Randall Cunningham, Phila, QB

College Football Champion:
Notre Dame
Heisman Trophy:
Barry Sanders, Oklahoma St., RB

Basketball
NBA Championship:
LA Lakers over Detroit Pistons 4-3
NBA MVP:
Michael Jordan, Chicago

NCAA National Champions:
Kansas 27-11

Baseball
World Series Champs:
LA Dodgers over Oakland A's 4-1
National League
MVP: Kirk Gibson, LA
Rookie of the Year: Chris Sabo, Cin
American League
MVP: Jose Canseco, Oak
Rookie of the Year: Walt Weiss, Oak

Odds 'N Ends

New Ad: "This is not your father's Oldsmobile" (General Motors) 

NASA plans to spend $95 million in a 10 year project to search for signals of extraterrestrial intelligence. 

Faxphones are $1,295 and a Compaq 286 laptop is $5,399 

Rogaine shows to be the first big consumer product that grows hair 

Suction cats like Garfield are showing up all over car windows. 

"Elvis Lives" phenomenon is big 

The Ford Probe and Honey Teddy Grahams are new. 

Orel Hershiser breaks Don Drysdale's record by pitching 59 consecutive scoreless innings. 

Top movie stars included: Tom Cruise, Eddie Murphy, Tom Hanks, Arnold Schwarzenegger, Danny DeVito, Bette Midler and Tom Selleck 

Soviets and Americans work together to save two whales trapped off the Alaska coast.