The Year 1979

President - Jimmy Carter
Vice-President - Walter Mondale

News Headlines:

• Egypt and Israel sign peace treaty
• The Shah of Iran is forced to leave the country after 37 years of rule
• 54 American hostages are taken in Tehran, Iran.
• U.S. breaks ties with Nicaragua
• Soviet forces invade Afghanistan
• Margaret Thatcher becomes the first woman Prime Minister of England
• U.S. government orders deregulation of oil companies
• The worst nuclear accident in U.S. history happens at 3-mile Island nuclear plant

Box Office:

• Best Picture: Kramer vs.  Kramer
• Best Actor:  Dustin Hoffman/Kramer vs. Kramer
• Best Actress:  Sally Field/Norma Rae

Television:

• Emmy Award - Outstanding Drama:  Lou Grant
• Emmy Award - Outstanding Comedy:  Taxi

Sports News:

• Super Bowl Champions:  Pittsburgh Steelers
• NBA Champions:  Seattle Supersonics
• World Series Champions:  Pittsburgh Pirates
• NCAA Basketball Champions:  Michigan State
• Stanley Cup:  Montreal Canadians

1979 Prices:

Average income - $17,533
New car - $5,758
New house - $58,099
Loaf of bread - $.47
Gallon of gas - $.86
Gallon of milk - $1.92

Minimum wage - $2.90

Top Songs:

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