Well, that was a year of poor economy, so the government spent some money establishing a new agency--the National Aeronautics and Space Administration (NASA).
Some of the other things that were happening follow, see if they sound like they could have been written recently!!!!
The U.S. is in the worst recession since World War II, approximately 5.5 million people are out of work
Unemployment in the U.S. is 6.8%
Minimum Wage/Hour in the U.S. $1.00/hour
Average income in the U.S. $4,650
There is a 55.9% business failure rate in the U.S.
DOW average 583
Gross National Profit is $468.3 billion
The price of 1st class U.S. postage is raised to 4 cents (first increase in 26 years)
31.3% of all domestic passenger travel was by railroad; 27.7% by bus; and 38% by air.
U.S. launches its first satellite, Explorer I; NASA is established
Pan Am introduced 707 trans-Atlantic jet service across the Atlantic
Douglas introduces DC-8 which made its maiden flight
The nuclear submarine U.S.S. Nautilus makes the first underwater crossing of the North Pole
U.S. Troops land in Lebanon
Charles de Gaulle becomes premier of France
Egypt and Sudan form the United Arab Republic
The John Birch Society, a radical anit-Communist organization, is created in the U.S.
Mao Tse-tung starts "Great leap forward" movement in China
UP & International News Service merge into United Press International
The National Association of Broadcasters bans subliminal ads
The book Dr. Zhivago is published in the U.S. and banned in the USSR.
The "Cha Cha" becomes a dance craze in the U.S
Crest toothpaste inaugurates the "Look, Ma! No Cavities!" ad campaign