New House – $27,600
Average Income – $11,859 per year
New Car – $3,853
Movie Ticket – $1.75
Gasoline – $.55 per gallon
Postage Stamp – $.08
Bacon – $.83 per pound
Eggs – $.45 per dozen
Fresh Ground Hamburger – $.64 per pound
Milk – $1.20 per gallon
1972 This year is marked as a black year in history due to the use of terrorism entering sport with the massacre of 11 Israel Athletes by Arab Gunman. Also this is the beginning of the biggest political scandal in modern times…the Watergate Scandal. On the other side of the Atlantic a worsening of the problems between the IRA and the British government see wrongs from both sides and innocent lives are lost.
So, except for the earthquakes in Turkey, Nicaragua and Iraq that left 16,000 people dead and 10,000 homeless. Watergate, bloody Sunday in Belfast, the passing of Era and the Munich Olympics attacks, it really was a good year.
On the technology front, the digital watch is introduced, fashion has never been more hideous and fondue was all the rage.
However, the real highlight was that on this day of that year, Sara Beth was born.
Happy Birthday Sister!