January 1, 1988
By the winter of 1988, Reagan was in the White House and the federal minimum wage stood at $3.35/hr — two Soviet warships bumped U.S. Navy vessels in the Black Sea, a confrontation that reflected the ongoing tensions of the Cold War even as Mikhail Gorbachev's perestroika reforms were beginning to reshape the Soviet economy. On television, "The Cosby Show" was the top-rated program in the country, while George Harrison's "Got My Mind Set On You" was sitting at number one on the charts. In sports, the Los Angeles Lakers claimed the NBA championship over the Detroit Pistons, and at the Winter Olympics in Calgary, Canada, American athletes brought home six medals, including two gold.
On the cover
Magazine Covers — January 1, 1988
NY Times Headlines — Week of January 1, 1988
Soviet Attack Is Seen As Move In Afghan Peace Bid
Israeli Army Decides To Deport 9 Arabs In Wake Of Rioting
World Events — January 1988
Time Person of the Year — 1988
On the radio
Billboard Charts — January 1, 1988
Grammy Awards
On the bookshelf
On the television
Nielsen Top 10 — 1987–88 Season
Emmy Winners — 1988
At the movies
Box Office & Oscar Winners — January 1, 1988
Ebert 4-Star Films — January 1, 1988
On the field
Sports Champions — January 1, 1988
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