-
Pres. Carter Puts Embargo on Grain & Technology
Inflation Rate: 13.5%
Household Income (Nominal): $16,354
Household Income (Inflation Adjusted): $46,995
GDP: $6.50 Trillion
Unemployment Rate: 6.30%
30 Year Mortgage Rate: 13.77% -
Ronald Reagan Proposes Largest Tax Cut in History
Inflation Rate: 10.3%
Household Income (Nominal): $17,743
Household Income (Inflation Adjusted): $46,205
GDP: $6.59 Trillion
Unemployment Rate: 7.50%
30 Year Mortgage Rate: 16.63% -
Unemployment is Recorded at Over 11 Million People Unemployed
Inflation Rate: 6.2%
Household Income (Nominal): $18,801
Household Income (Inflation Adjusted): $46,082
GDP: $6.49 Trillion
Unemployment Rate: 8.60%
30 Year Mortgage Rate: 16.08% -
Reagan Signs Legislation to Rescue Social Security System
Inflation Rate: 3.2%
Household Income (Nominal): $19,625
Household Income (Inflation Adjusted): $45,760
GDP: $7.00 Trillion
Unemployment Rate:10.40%
30 Year Mortgage Rate: 13.23% -
The L.A. Olympics were Held and Proved a Financial Success
Inflation Rate: 4.3%
Household Income (Nominal): $20,712
Household Income (Inflation Adjusted): $47,181
GDP: $7.40 Trillion
Unemployment Rate: 8%
30 Year Mortgage Rate: 13.87% -
GEC Buys the RCA Corp. for $6.28 Billion
Inflation Rate: 3.6%
Household Income (Nominal): $21,821
Household Income (Inflation Adjusted): $48,063
GDP: $7.71 Trillion
Unemployment Rate: 7.3%
30 Year Mortgage Rate: 12.42% -
The Iran-Contra Affair Occurs
Inflation Rate: 1.9%
Household Income (Nominal): $23,041
Household Income (Inflation Adjusted): $49, 764
GDP: $7.94 Trillion
Unemployment Rate: 6.70%
30 Year Mortgage Rate: 10.18% -
The Stock Market Crashed by a Record 22.6%
Inflation Rate: 3.6%
Household Income (Nominal): $24,187
Household Income (Inflation Adjusted): $50,389
GDP: $8.29 Trillion
Unemployment Rate: 6.60%
30 Year Mortgage Rate: 10.20% -
George Bush Wins the Presidential Election
Inflation Rate: 4.1%
Household Income (Nominal): $25, 388
Household Income (Inflation Adjusted): $50,776
GDP: $8.61 Trillion
Unemployment Rate: 5.70%
30 Year Mortgage Rate: 10.34% -
The Berlin Wall is Torn Down Opening Soviet Nations to the West
Inflation Rate: 4.8%
Household Income (Nominal): $27,081
Household Income (Inflation Adjusted): $51,681
GDP: $8.85 Trillion
Unemployment Rate: 5.40%
30 Year Mortgage Rate: 10.32%