When This Dropped

January 1, 1982

President
Reagan
Dow (EOY)
1,047
Gas/gal
$1.22
Big Mac
$1.20
Min Wage
$3.35

By the winter of 1982, Reagan was in the White House and the federal minimum wage stood at $3.35/hr — the military budget for 1983 was reported at $10 billion over projections, a sign of the administration's defense buildup as unemployment climbed past 10 percent. On television, "Dallas" was the most-watched show in the country, while Olivia Newton-John's "Physical" had spent months sitting at the top of the pop charts. The Los Angeles Lakers had claimed the NBA championship that spring, and on February 19th, Boeing flew its brand-new 757 commercial jet for the first time, marking a significant step forward in American aviation.

On the cover

Magazine Covers — January 1, 1982

New York Times
Time
Rolling Stone
Nat. Geographic

NY Times Headlines — Week of January 1, 1982

China Tells U.S. Arms To Taiwan Are Crucial Test

Pentagon To Use A Minuteman Site For 40 Mx Missiles

Solidarity Aide Bids Troops Put Conscience First

Ghanaians Report Looting By Troops

World Events — January 1982

Time Person of the Year — 1982

Lech Wałęsa
Person of the Year
Lech Wałęsa

On the radio

Billboard Charts — January 1, 1982

Physical
Olivia Newton-John
Hot 100 #1
"Physical"
Olivia Newton-John
For Those About To Rock (We Salute You)
AC/DC
Billboard 200 #1
"For Those About To Rock (We Salute You)"
AC/DC

Grammy Awards

Toto IV
Toto
Grammy Album of the Year
"Toto IV"
Toto
Always on My Mind
Willie Nelson
Grammy Song of the Year
"Always on My Mind"
Willie Nelson
Rosanna
Toto
Grammy Record of the Year
"Rosanna"
Toto
Men at Work
Grammy Best New Artist
Men at Work

On the bookshelf

E.T. the Extra-Terrestrial
William Kotzwinkle
NYT Fiction #1
"E.T. the Extra-Terrestrial"
William Kotzwinkle
Jane Fonda's Workout Book
Jane Fonda
NYT Non-Fiction #1
"Jane Fonda's Workout Book"
Jane Fonda
Rabbit Is Rich
John Updike
Pulitzer Prize Fiction
"Rabbit Is Rich"
John Updike
Rabbit Is Rich
John Updike
National Book Award Fiction
"Rabbit Is Rich"
John Updike
The Soul of a New Machine
Tracy Kidder
National Book Award Nonfiction
"The Soul of a New Machine"
Tracy Kidder

On the television

Nielsen Top 10 — 1981–82 Season

Dallas
Nielsen #1 TV Show
Dallas
Nielsen
Top 10
TV Shows
Nielsen Ratings
Top 10 TV Shows
1981–82 Season

Emmy Winners — 1982

Hill Street Blues
Emmy Drama Series
Hill Street Blues
Cheers
Emmy Comedy Series
Cheers
Tom Selleck
Magnum, P.I.
Emmy Lead Actor
Tom Selleck
Magnum, P.I.
Tyne Daly
Cagney & Lacey
Emmy Lead Actress
Tyne Daly
Cagney & Lacey

At the movies

Box Office & Oscar Winners — January 1, 1982

Neighbors
Box Office #1
Neighbors
Chariots of Fire
Oscar Best Picture
Chariots of Fire
Richard Attenborough
Gandhi
Oscar Best Director
Richard Attenborough
Gandhi
Ben Kingsley
Gandhi
Oscar Best Actor
Ben Kingsley
Gandhi
Meryl Streep
Sophie's Choice
Oscar Best Actress
Meryl Streep
Sophie's Choice

Ebert 4-Star Films — January 1, 1982

An Officer and a Gentleman
4-Star Review
An Officer and a Gentleman
Blade Runner: The Final Cut
4-Star Review
Blade Runner: The Final Cut
Burden of Dreams
4-Star Review
Burden of Dreams
Fitzcarraldo
4-Star Review
Fitzcarraldo
Gandhi
4-Star Review
Gandhi

On the field

Sports Champions — January 1, 1982

Super Bowl
San Francisco 49ers
def. Cincinnati Bengals
World Series
St. Louis Cardinals
def. Milwaukee Brewers
NBA Champion
Los Angeles Lakers
def. Philadelphia 76ers
Stanley Cup
New York Islanders
def. Vancouver Canucks

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