Walter Cronkite retires from his anchorman position, to be succeeded by Dan Rather. President Reagan launches a supply-side economic program which entails tax and budget cuts but also leads to an explosion of the national deficit. Sandra Day O'Connor becomes the first woman to sit on the U.S. Supreme Court. Subsequent changes, such as the appointment of Anthony Scalia to the Court and of William Rehnquist to Chief Justice, mark the turning of the Court to a more conservative judicial stance. The irreverent MTV launches on cable television, featuring music videos.
Millions watch the televised nuptials.
Musical Time Line Believe it or not, Billboard says these songs topped the charts when we topped the campus.