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BOOMERNET Chronicle: 1987

1987

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U.S. Facts

  • President: Ronald W. Reagan
  • Population: 242,288,918
  • Life Expectancy: 74.9 years
  • Unemployment: 6.2%
  • Average Annual Salary: $13,523
  • Minimum Wage: $3.35 per loaf

What Things Cost

  • Automobile: $7,012
  • Gasoline: $1.07 per gallon
  • House: $121,021
  • Bread: $1.28 per loaf
  • Milk: $1.98 per gallon
  • Postage Stamp: $0.22

Major U.S. Events

  • Unabomber bomb explodes in Salt Lake City, Utah
  • U.S. Supreme Court rules Rotary Clubs must admit women
  • Admiral John M. Poindexter, former National Security Adviser, testifies he authorized use of Iran arms sale profits to aid Contras
  • Reagan says Iran arms-Contra policy went astray and accepts responsibility

Major World Events

  • Iraqi missiles kill 37 in attack on U.S. frigate Stark in Persian Gulf
  • The Intermediate-Range Nuclear Forces Treaty is signed in Washington, D.C. by U.S President Ronald Reagan & Soviet leader Mikhail Gorbachev

January-March

  • U.S. performs nuclear test at Nevada Test Site
  • The last Ohrbach's department store closes in New York City after 64 years of operation

April-July

  • The first heart-lung transplant takes place in Baltimore, Maryland
  • The USS Stark (FFG-31), while patrolling the Persian Gulf, is struck by two exocet missiles from an Iraqi F-1 Mirage fighter killing 37 sailors and injuring 21 other crew members

August-December

  • Stock market falls sharply around the world
  • Delaware, Pennsylvania, & New Jersey celebrate their bicentennial statehood

Top Songs

  • Faith by George Michael
  • Livin' on a Prayer by Bon Jovi
  • With Or Without You by U2
  • I Think We're Alone Now by Tiffany
  • Bad by Michael Jackson

Other New Songs

  • Lean On Me by Club Nouveau
  • Heaven Is A Place On Earth by Belinda Carlisle
  • Fight For Your Right by Beastie Boys
  • Alone by Heart
  • The Lady In Red by Chris De Burgh

Top Movies

  • Dirty Dancing
  • Full Metal Jacket
  • Hope and Glory
  • Lethal Weapon
  • Princess Bride

Top Books

  • Beloved by Toni Morrison
  • Patriot Games by Tom Clancy
  • Windmills of the Gods by Sidney Sheldon
  • Presumed Innocent by Scott Turow
  • Heaven and Hell by John Jakes

Top TV Shows (1986-87)

  • The Cosby Show
  • Family Ties
  • Cheers
  • Moonlighting
  • Growing Pain's
  • Golden Girl's

Major League Baseball: World Series

  • Minnesota Twins d. St. Louis Cardinals

Pro Football: Championship

  • Super Bowl: New York Giants d. Denver Broncos

Ice Hockey: Stanley Cup

  • Edmonton Oilers d. Philadelphia Flyers

Pro Basketball: Championship

  • Los Angeles Lakers d. Boston Celtics

NCAA Champions

  • Football: University of Miami Hurricanes
  • Basketball: Indiana University Hoosiers

Other Champions

  • Golf: Paul Azinger is PGA player of the year
  • Tennis: Ivan Lendl and Mats Wilander win the U.S. Open
  • Horse Racing: Alysheba wins Kentucky Derby
  • Auto Racing: Al Unser wins Indianapolis 500
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