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Discount Rate Lowered /JFK Elected
Inflation Rate : 1.7
Household Income/NOMINAL : $4,007.12
Household Income/INFLATION ADJUSTED : $33,000
GPD : 3.08 Trillion
Unemployment Rate: 5.20%
30 Year Mortgage : 6.00 HISTORY - Discount rate lowered from 4 to 3 percent. President John F. Kennedy was elected president. -
Duty Exemption for U.S Travelers
Inflation Rate : 1.7
Household Income/NOMINAL : $4,086.76
Household Income/INFLATION ADJUSTED : $34,000.00
GPD : 3.28 Trillion
Unemployment Rate: 6.60%
30 Year Mortgage : 5.85 HISTORY - Duty Exemption for U.S travelers returning from abroad cut from $500 to $100 -
Marilyn's Death
Inflation Rate : 1.0
Household Income/NOMNAL : $6,000
Household Income/INFLATION ADJUSTED : $35,000
GPD : 3.42 Trillion
Unemployment Rate: 5.70%
30 Year Mortgage : 5.72 HISTORY - Marilyn Monroe an american model , actress , singer was found dead in her home. They had an otopsy and they found 9mg of choral hydrate and 4.5mg of nembutal.....It is said that it was a probable suicide. -
JFK Assasination
Inflation Rate :1.3
Household Income/NOMNAL : $5,200
Household Income/INFLATION ADJUSTED : $35,200
GPD : 3.60 Trillion
Unemployment Rate: 5.70%
30 Year Mortgage : 5.70 HISTORY -President John F. Kennedy was shot and killed while riding with his wife in a motorcade. The killer never got to serve his trial because of Jack Ruby.Jack had lung cancer and he was told that he was going to die soon. So he killed Lee Oswald for murdering president JFK, he was sentenced to death and soon died. -
Kennedy's Bill is Passed
Inflation Rate : 1.3
Household Income/NOMNAL : $5,524
Household Income/INFLATION ADJUSTED : $36,502
GPD : 3.78 Trillion
Unemployment Rate: 5.60%
30 Year Mortgage : 5.45 HISTORY -Congress passed Kennedy's $12-bill tax cut and the economy takes off -
Medi-Care
Inflation Rate : 1.6
Household Income/NOMNAL : $5,872
Household Income/INFLATION ADJUSTED : $27,522
GPD : 4.10 Trillion
Unemployment Rate: 4.90%
30 Year Mortgage : 5.46 HISTORY - President Lyndon B. Johnson signs a landmark amendment to the Social Security Act , creating Medi-Care -
National Airline Strike
Inflation Rate : 2.9
Household Income/NOMNAL : $6,500
Household Income/INFLATION ADJUSTED : $38,000
GPD : 4.29 Trillion
Unemployment Rate: 4.00%
30 Year Mortgage : 6.25 HISTORY - From 7/8/66 to 8/19/66 over 35,00 airline workers across the nation employed by five airlines went on strike. -
Racial Violence
nflation Rate : 3.1
Household Income/NOMNAL : $6,054
Household Income/INFLATION ADJUSTED : $42,934
GPD : 4.40 Trillion
Unemployment Rate: 3.90%
30 Year Mortgage : 6.55 HISTORY ; 7,000 National Guardsmen aid police after night rioting -
Memphis Sanitation Workers Strike / MLKJ Death
Inflation Rate : 4.2
Household Income/NOMNAL : $6,583
Household Income/INFLATION ADJUSTED : $44,785
GPD : 4.62 Trillion
Unemployment Rate: 3.70%
30 Year Mortgage : 7.11 HISTORY - Two Memphis garbage collectors where crushed to death by a malfunction truck. Twelve days later , frustrated by the city's response to the latest event in a long pattern of neglect and abuse of it's black employees , 1,300 black men from Memphis Department of Public Workers went on strike -
General Electic Strike
Inflation Rate : 5.5
Household Income/NOMNAL : $7,200
Household Income/INFLATION ADJUSTED : $46,449
GPD : 4.72 Trillion
Unemployment Rate: 3.40
30 Year Mortgage : 8.13 HISTORY - General Electics unionized worlers hit the picket lines in a coordinated strike that some historians call a key event in American labor history. In order to end the strike , GE officials agreed to several wage and benefit increased demand by unions.