JANUARY 20, 2017 Year 8, Issue 2
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THE 1960's
“WHAT A BAGEL”
Most folks alive in the 1960s remember the “big” events – the assassination of John F. Kennedy, Neil Armstrong walking on the moon, and the Cuban missile crisis. But how about those lesser-known events that occurred during this fascinating decade? This week, Tidbits focuses on occasions you might not know about that happened during the ‘60s.
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• An item purchased in 1960 for $100 would be equivalent to about $800 today. So consider that the ave rage income in 1960 was $5,315. This would translate into today’s dollars at $42,520. A new house ave raged $12,700, equivalent to $101,600 these days. By 1969, the income was $8,540 and the house cost was $15,500. A new car could be purchased for $2,600, a price that increased to $3,270 by 1969. • Chemist Leo Sternbach was responsible for calming the anxieties of millions of Americans with his invention of Valium in 1961, just one of his 241 drug patents. Valium decreases the rate of brain activity, tranquilizing those areas of the brain responsible for sensing fear. Although it was the biggest-selling drug in the nation from 1969 to 1980, it was found to be addictive, with some users dependent on it in just two weeks. Many users were found to depend on Valium for life’s everyday troubles, as well as difficulty experiencing joy.
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• The first James Bond movie “Dr. No” was released in 1962, starring Sean Connery in the first of his seven appearances as the British secret agent. Bond creator Ian Fleming didn’t want Connery in the role, and after viewing the film declared it was, “Dreadful. Simply dreadful.” The film’s budget was $1,000,000, and when costs exceeded that by $100,000, the producers wanted to halt production, fearing they would never make their money back. “Dr. No” went on to gross $59.6 million worldwide. …turn the page for more
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