Eureka High School Class of 1988

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Eureka High School Class of 1988 - 1988 in Review

Cost of Living in 1988

Yearly Inflation Rate USA 4.08%
Year End Close Dow Jones Industrial Average 2168 (WHAT????)
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

submitted by Carol Sandretto-Unsinger from http://www.thepeoplehistory.com/1988.html

Technology Introduced in 1988

* First transatlantic fibre optic cable layed 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
* Using Carbon Dating it is established that the Turin Shroud Can Not Be the Burial Cloth of Christ
* The Antidepressant Prozac introduced which quickly became the market leader for treating depression

submitted by Carol Sandretto-Unsinger from http://www.thepeoplehistory.com/1988.html

A Few World Events of 1988

* After 8 years and 1.5 million dead the Iran -- Iraq war ends

* Iraq carries out Poison Gas Attack On Kurds

* Earthquake in Armenia Kills 60,000

* Suspected Libyan terrorist bomb explodes on Pan Am jet over Lockerbie in Scotland killing all 259 on board and 11 on the ground

* Australia celebrates its bicentennial.

* A new drug Crack appears ( A derrivitive of Cocain ) and is increasingly found in US Cities

* UK SAS kill suspected IRA bombers in Gibralta

* Salmonella is found in Eggs in Britain causing problems for British Farmers

* Laws restricting opening times for UK Pubs are changed allowing Pubs to stay open all day

* 34 people die in the Clapham Rail Crash

* Widespread strikes in Poland by Solidarity Supporters

* Archaeologists uncover the original Globe Theatre in London

* Soviet Red Army withdraws from Afghanistan.

* A Soviet Union School Bus is Hijacked

* Panama leader General Manual Antonio Noriega, is charged with drug smuggling and money laundering

* Yasser Arafat is invited to adress the U.N. General Assembly

* Piper Alpha drilling platform in the North Sea is destroyed by explosions and fires killing 165 oil workers and 2 rescue mariners.

* The Summer Olympics are held in Seoul, South Korea

* Prince Charles escapes avalanche in Switzerland

* The Winter Olympic Games are held in Calgary, Alberta, Canada

* Hurricane Gilbert devastated Jamaica, it turns towards Mexico's Yucatan Peninsula two days later

submitted by Carol Sandretto-Unsinger from http://www.thepeoplehistory.com/1988.html

Popular Films

* Rain Man
* Who Framed Roger Rabbit
* Big
* Twins
* Crocodile Dundee II
* Die Hard
* The Naked Gun: From the Files of Police Squad!
* Beetlejuice
* Dangerous Liaisons
* A Fish Called Wanda
* Friday the 13th Part VII: The New Blood

submitted by Carol Sandretto-Unsinger from http://www.thepeoplehistory.com/1988.html

Submissions

Please submit your entries to Kerry at kerry.hanson@ucr.edu

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