A Look Back At

Born in 1988

What Was Life Like in 1988?

Who Was in Charge?

President

Ronald Reagan

What Things Cost

Gas (per gallon)

$0.90

Loaf of Bread

$0.70

Average House

$99,700

Weekly Wage

$374

Events of 1988 in the United States

A selection from Wikipedia's '1988 in the United States'. Not a complete list.

  • January 1 – The Evangelical Lutheran Church in America is established, creating the largest Lutheran denomination in the United States.
  • January 4 – Nick Jr. begins as a block of Nickelodeon programming for younger children.
  • March 9 – Blackstone Financial Management is founded as a global asset management company in New York City by eight co-founders, led by Larry Fink. In 1992, it would change its name to BlackRock.
  • May 14 – Bus collision near Carrollton, Kentucky: A drunk driver traveling in the wrong direction on Interstate 71 hits a converted school bus carrying a church youth group from Radcliff, Kentucky.
  • June 14 – A small wildfire is started by a lightning strike in Montana, United States, near the boundary for Yellowstone National Park. The Storm Creek fire expands into the park, then merges with dozens of other drought-aggravated fires.
  • June 22 – Animation/live action crossover movie Who Framed Roger Rabbit is released through Touchstone Pictures. It brings a renewed interest in the Golden Age of American animation, spearheading modern American animation and the Disney Renaissance.
  • November 2 – The Morris worm, written by Robert Tappan Morris – the first computer worm distributed via the Internet – is launched from MIT.
  • November 8 – 1988 United States presidential election:George H. W. Bush is elected president of the United States over Democratic opponent, Michael Dukakis.

Source: Wikipedia (CC BY-SA 4.0)

Popular Toys & Games

  • Micro Machines
  • Nintendo Game Boy
  • Jenga

Billboard Hot 100 No. 1 on 1 January 1988

Faith

George Michael