- President George Bush apologizes for his famous “read my lips…no new taxes” quote, then…
- Bill Clinton is elected president in November.
- The first nicotine patch is introduced.
- The Internet Society is chartered, with 1 million host computers connected.
- While the Rodney King riots are happening in LA, John Gotti is convicted in New York.
- Famous deaths: Sam Walton, Lawrence Welk and Fred McMurray.
- The Mall of America opens in Minnesota.
- The average cost of a new car is $16,950 (up 112% from 1982), a house is $122,500 (up 48%), and annual income is $30,050 (up 42%)
- Hit TV shows: Home Improvement, Coach, Full House.
- Musicians topping the charts: Whitney Houston, Madonna, Boyz II Men, Mariah Carey
- Academy Award winner “Unforgiven” (Clint Eastwood); also in the theatres: “A Few Good Men”, “Basic Instinct”, ”Wayne’s World”
Meanwhile, back in Columbus, the historic merger of our two firms is now twelve years old. Three of today’s tax partners (Ron Thomas, Clinton Gilmore and Kris Braxton) begin to establish the next generation of leadership at Robinson, Grimes. The firm also expands its services into the new age world of computer consulting, which it continues today, along with traditional services of tax, accounting, audit and management and personal financial planning. As the country enters a time of economic growth, our firm adds to its strengths to take on the variety of challenges in the fast-paced, ever-changing world of public accounting.
More to come – hope you enjoy!!
Jay Pease - Audit Partner and Firm Historian