Looking back to 1971

Looking back to 1971

We look forward not back 

Does your accountant seem obsessed with last year? If you want to legally pay less in taxes, you need a professional who looks forward. Relax Tax helps our clients focus on planning for a better future, and not the past. If we want to look back at anything, we thought it might be fun let our blog look back at what we learned in the last 50 plus years. You can get a FREE COPY of the entire guide at back.relaxtax.com. Now lets take a look at 1971 where technology we rely on today was just getting it's start.

1971 Big News Story

First Microprocessor Sold and Email Sent

With the U.S. out of recession by 1971, home prices nearly returned to their pre-recession median. War protests lumbered on, and President Nixon took the U.S. off the gold standard. 1971 also witnessed the Attica prison riots, the death sentence of Charles Manson and the D.B. Cooper hijacking and disappearance.

Per Guinness World Records

We have Ray Tomlinson to thank for initiating the incredible new era of communication that we now enjoy – he sent the First email in 1971.
Born in New York, USA, in 1941, Tomlinson attended America’s oldest research university, Rensselaer Polytechnic Institute, where he received a Bachelor of Science degree in electrical engineering at the age of 22. He continued his studies at the Massachusetts Institute of Technology (MIT) and earned himself an S.M. in electrical engineering in 1965.
He started his impressive working career as a computer engineer for Bolt, Beranek and Newman (BBN Technologies). This was the company hired by the United States Defense Department to build ARPANET (Advanced Research Projects Agency Network) – a government-funded network that connected various research organizations across the country: the forerunner of the internet. Tomlinson played a key part in ARPANET’s development.
But no one asked him to invent email – it was something that Tomlinson was working on as a personal side project to his commissioned work.
Email began as an experiment to see if two computers could exchange a message. The concept of sending another person a message through a computer was not invented by Tomlinson because computer scientists had been exchanging messages on machines for years. Yet these previous forms of electronic communication only allowed people to send messages to other users of the same computer or to numbered mailboxes where the messages had to be printed out.
Tomlinson wanted to send messages to people, not mailboxes, so he decided to modify and combine the programs that were already out there. The innovative email software he created was called “SNDMSG”.

1971 by the Numbers

Economic Data from 1971

Grocery Prices from 1971

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