Memory Lane: 1982

ThrillerNew technology continues to change our buying habits with smaller and cheaper electronic gadgets appearing including the first CD player.

A new industry is just beginning with the use of Genetic Engineering human insulin produced by bacteria is sold for the first time.

On the world stage Argentina invades the Falkland Islands and Argentina and the UK go to war over a small island thousands of miles away.

After many reports of Whales becoming and endangered species the International Whaling Commission decides to end commercial whaling.

A major recession hits the United States.

In The News

Michael Jackson releases Thriller album

First CD player sold in Japan

Dutch Elm Disease destroys millions of Elm trees

Tylenol capsules laced with potassium cyanide kill 7 in Chicago

Times ‘Man Of The Year’ is THE COMPUTER

Disney Futuristic Park EPCOT opens

UK and Argentina go to war over the Falklands

Recession starts in the United States


Population/Economy

Population:

  • Wake County: 316,973
  • NC: 6,019,000
  • USA: 231,700,000

National Debt:

  • $1,142,034,000,000 (1982)
  • $18,152,809,942,589 (2015)

Value of a Dollar$1 in 1982 is $2.49 in 2015

Cost Of Living 1982:

  • Yearly inflation rate: 6.16%
  • Year End Close Dow Jones Industrial Average: 1046
  • Interest Rates Year End Federal Reserve: 11.50%
  • Average cost of new house: $82,200
  • Average cost of a new car: $7,983
  • Average income per year: $21,050
  • Average monthly rent: $320
  • Cost of a gallon of gas: $0.91
  • US Postage Stamp:$ 0.20
  • Tomatoes Lb: $0.39
  • Bag Cheese Puffs: $0.89
  • Loaf White Sliced bread: $0.50
  • Commodore Vic 20: $299.95
  • Satellite Receiver: $245.95
  • GMC 1500 Pickup: $5,400
  • Sony 19 inch Color TV: $499
  • Cheeseburger at McDonald’s: $0.38
  • Ticket to Disneyland and 12 ticket adventure book: $11.00

Ounce of Gold Price:

  • The cost of an ounce of gold was $375.67
  • The inflation-adjusted price of an ounce of gold was $932.18


Going to the Movies

Cost of a movie ticket: $2.94

Inflation-adjusted price of a movie ticket: $7.82

The cost of a movie ticket in 2015: $7.30

Top 5 Movies:

  1. E.T. the Extra-Terrestrial 
  2. Tootsie
  3. An Officer and a Gentlemen
  4. Rocky III
  5. Porky’s- 20th Century Fox

 

55th Academy Awards

  • Best Picture: Gandhi   
  • Best Director: Richard Attenborough – Gandhi
  • Best Actor:  Ben Kingsley – Gandhi
  • Best Actress: Meryl Streep – Sophie’s Choice 
  • Best Supporting Actor:  Louis Gossett, Jr. – Officer and a Gentleman
  • Best Supporting Actress:  Jessica Lange – Tootsie


Top 10 TV Shows

  1. 60 Minutes – CBS – 21,241,500
  2. 2. Dallas – CBS – 20,491,800
  3. M*A*S*H – CBS – 18,825,800
  4. Magnum, P.I. – CBS – 18,825,800
  5. Dynasty – ABC – 18,659,200
  6. Three’s Company – ABC – 17,659,600
  7. Simon & Simon – CBS – 17,493,000
  8. Falcon Crest – CBS – 17,243,100
  9. The Love Boat – ABC – 16,909,900
  10. The A-Team – NBC – 16,743,300

Top 20 Pop Songs

  1. Olivia Newton-John – Physical
  2. Survivor – Eye Of The Tiger
  3. Joan Jett and The Blackhearts – I Love Rock N’ Roll
  4. Paul McCartney and Stevie Wonder – Ebony And Ivory
  5. J. Geils Band – Centerfold
  6. Human League – Don’t You Want Me
  7. John Cougar – Jack And Diane
  8. John Cougar – Hurts So Good
  9. Steve Miller Band – Abracadabra
  10. Chicago – Hard To Say I’m Sorry
  11. Soft Cell – Tainted Love
  12. Vangelis – Chariots Of Fire
  13. Quarterflash – Harden My Heart
  14. Toto – Rosanna
  15. Daryl Hall and John Oates – I Can’t Go For That
  16. Tommy Tutone – 867-5309 (Jenny)
  17. Bertie Higgins – Key Largo
  18. Melissa Manchester – You Should Hear How She Talks About You
  19. Foreigner – Waiting For A Girl Like You
  20.  Rick Springfield – Don’t Talk To Strangers


Top 20 Country Songs

  1. Fourteen Carat Mind – Gene Watson
  2. I Wouldn’t Have Missed It For The World – Ronnie Milsap
  3. Red Neckin’ Love Makin’ Night – Conway Twitty
  4. The Sweetest Thing – Juice Newton
  5. Lonely Nights – Mickey Gilley
  6. Someone Could Lose A Heart Tonight – Eddie Rabbitt
  7. Only One You – T. G. Sheppard
  8. Lord, I Hope This Day Is Good – Don Williams
  9. You’re The Best Break This Old Heart Ever Had – Ed Bruce
  10. Blue Moon With Heartache – Rosanne Cash
  11. Mountain Of Love – Charley Pride
  12. She Left Love All Over Me – Razzy Bailey
  13. Bobbie Sue – The Oak Ridge Boys
  14. Big City – Merle Haggard
  15. The Clown – Conway Twitty
  16. Crying My Heart Out Over You – Ricky Skaggs
  17. Mountain Music – Alabama
  18. Always On My Mind – Willie Nelson
  19. Just To Satisfy You – Waylon Jennings & Willie Nelson
  20. Finally – T. G. Sheppard


This Year in Sports

ACC Football Champ: Clemson

ACC Basketball Champs: North Carolina (UNC 47 – Virginia 45)

World Series Winner: St. Louis Cardinals over the Milwaukee Brewers

Heavyweight Boxing Champs: Mike Weaver (WBA), Michael Dokes (WBA)

Super Bowl XIV:  – San Francisco 49ers (49ers 26 – Cincinnati Bengals 21)

NASCAR Season Winner: Darrell Waltrip

Masters Winner: Craig Stadler (4 under – won $64,000)

Wimbledon Winners:

  • Men’s Singles: United States Jimmy Connors defeated United States John McEnroe 3–6, 6–3, 6–7(2–7), 7–6(7–5), 6–4
  • Women’s Singles: United States Martina Navratilova defeated United States Chris Evert-Lloyd 6–1, 3–6, 6–2
  • Men’s Doubles: Australia Peter McNamara / Australia Paul McNamee defeated United States Peter Fleming / United States John McEnroe 6–3, 6–2
  • Women’s Doubles: United States Martina Navratilova / United States Pam Shriver defeated United States Kathy Jordan / United States Anne Smith 6–4, 6–1
  • Mixed Doubles: United States Anne Smith / South Africa Kevin Curren defeated Australia Wendy Turnbull / United Kingdom John Lloyd 2–6, 6–3, 7–5