OK Scott---you wanna feel old, I did a little research for you.
"That's the way it was, in 1954":
1954:
Gasoline was 22 cents a gallon
New house average cost was $10, 250
New car (average) $1700
Dow Jones recovered!! Now up to 381.17
Roger Bannister broke the four minute mile—previously believed to be impossible
First issue of Sports Illustrated
Armistice Day renamed Veteran's Day
President Eisenhower (Ike) signs into law the new Social Security bill, funded by employers and employees
US "Operation Wetback" is started to send almost 4 million illegal immigrants to Mexico (some things don't seem to change much!)
President Eisenhower coins the phrase "Domino effect"
Nash and Hudson merge to form "AMERICAN MOTORS"
First airing of the "Tonight Show" with Steve Allen
Elvis Presley releases his first record
Popular book: "Live and let die" by Ian Fleming (James Bond novels)
First nuclear powered submarine (Nautilis)
First atomic power station opened in Russia
Boeing introduces 707
First automatic toll collection machine
Rosebowl parade is broadcast in COLOR
Swanson introduces TV dinners (remember heating in the OVEN???)
First vaccination of children against polio
President of the USA: Dwight David Eisenhower (military general)
Prime Minister of UK Sir Winston Churchill (so important they named a pen kit after him)
Chairman of People's Republic of China: Mao Zedong