1979 Government, Prices, & Economy

The Government in 1979

  • President of the United States in 1979       Jimmy Carter (1977-1981)
  • Vice-President:       Walter Mondale
  • Ohio U.S. Senators:       Howard Metzenbaum & John H. Glenn, Jr.
  • U.S. Population in 1979       225,055,487 (vs. just over 300,000,000 in 2007)

The Economy in 1979

  • Inflation was at 13.3% in 1979       (vs 2.3% now)
  • Unemployment was at 6.1% in 1979       (vs. 5.9% now)
  • The National Debt was $829 billion in 1979       (vs over $9 trillion now!)
  • U.S. Life Expectancy in 1979       73.9 years (vs. 77.8 in 2004)

Prices in 1979

  • Cost of a First Class stamp in 1979        $.15 (vs $.41 now)
  • Cost of a dozen eggs in 1979       $.85 (vs $??? now)
  • National average cost of a new home in 1979       $71,800 (vs $305,900 now!)
  • Cost of a gallon of gas in 1979       $.86 (vs $3.19 now! WOW!)
  • Cost of a gallon of milk in 1979       $1.62 (vs $2.99 now)

Copyright © 2007 Groveport Class of 1979.com. All rights reserved. Contact the Webmaster for information regarding this site.
No part of this web site can be copied in part or in full without the express written permission of the owner of this site.
This site optimized for viewing at 1024x768 resolution
Web site design & hosting by WebTrax design® , a cool, little web design & hosting company.