What was going on in 1988

Check out this information: Especially look at the gas prices.

Yearly Inflation Rate USA 4.08%
Year End Close Dow Jones Industrial Average 2168
Interest Rates Year End Federal Reserve 10.50%
Average Cost of new house $91,600.00
Average Income per year $24,450.00
Average Monthly Rent $420.00
Average Price for new car $10,4000.00
1 gallon of gas 91 cents
Movie Ticket $3.50
US Postage Stamp 24 cents
Dozen Eggs 65 cents

First transatlantic fibre optic cable laid able to carry 40,000 telephone calls simultaneously
Stephen Hawking Publishes " A Brief History Of Time "
The first major computer virus infects computers connected to the Internet.
The Hubble Space Telescope is put into operation
The US Stealth Bomber is unveiled
Laser Eye Surgery USA

President: Ronald Reagan
Vice President: George Bush
Population: 244,498,982
Life expectancy: 74.9 years
Violent Crime Rate (per 1,000): 56.6
Property Crime Rate (per 1,000): 50.
US GDP (1988 dollars): $5,049.60 billion
Federal spending: $1064.14 billion
Federal debt: $2601.3 billion
Consumer Price Index: 118.3
Unemployment: 5.5%

Super Bowl--Washington d. Denver (42-10)
World Series--LA Dodgers d. Oakland A's (4-1)
NBA Championship--LA Lakers d. Detroit Pistons (4-3)
Stanley Cup--Edmonton d. Boston (4-0)
Wimbledon Women: Steffi Graf d. M. Navratilova (5-7 6-2 6-1)
Men: Stefan Edberg d. B. Becker (4-6 7-6 6-4 6-2)
Kentucky Derby Champion--Winning Colors
NCAA Basketball Championship--Kansas d. Oklahoma (83-79)
NCAA Football Champions--Notre Dame (12-0-0)

Information gathered from www.infoplease.com