Search results
Results from the WOW.Com Content Network
March 6 – After 19 years hosting the CBS Evening News, Walter Cronkite signs off for the last time. March 19 – Three workers are killed and five are injured during a test of the Space Shuttle Columbia .
1981 was a common year starting on Thursday of the Gregorian calendar, the 1981st year of the Common Era (CE) and Anno Domini (AD) designations, the 981st year of the 2nd millennium, the 81st year of the 20th century, and the 2nd year of the 1980s decade.
1981 – 1982 United States is part of the global recession, with national unemployment as high as 9%, with some areas much higher, and inflation as high as 13.5%. Early 1980s recession; 1981 – Kemp-Roth Tax Cut; 1981 – MTV signs on, becoming the first 24-hour cable network dedicated to airing music videos.
1981 Irish general election: The political party Fianna Fáil, led by Taoiseach (Prime Minister) Charles Haughey, lost its majority in the 166 seat Dáil Éireann. The Fine Gael assembled a coalition, and its leader, Garret FitzGerald, was elected the new Taoiseach by the Dáil on June 30, beating Haughey by a thin 81-78 margin. [24]
The 1981 tax cuts, some of the largest in U.S. history, also eroded the revenue base of the federal government in the short-term. The massive increase in military spending (about $1.6 trillion over five years) far exceeded cuts in social spending, despite wrenching impact of such cuts spending geared toward some of the poorest segments of society.
On August 12th, 1981, IBM introduced their first PC model, also known as the 5150. Can you imagine functioning today IBM releases its first personal computer on This Day in History, August 12th, 1981
Get breaking news and the latest headlines on business, entertainment, politics, world news, tech, sports, videos and much more from AOL
23 November – 1981 United Kingdom tornado outbreak, the largest recorded tornado outbreak in European history. [ 58 ] 25 November – A report into the Brixton Riots, which scarred inner-city London earlier this year, points the finger of blame at the social and economic problems which have been plaguing Brixton and many other inner-city ...