When We Were the New Boys as a tribute to the song's co-author, Faces bassist Ronnie Lane, who had died in 1997 shortly before the album's release. "When We Were the New Boys" rallied to #2 in the UK where it went gold on 15 June 1998. In the US the album would reach #44 on the charts. When We Were the New Boys When We Were the New Boys is a studio album released by Rod Stewart on 29 May 1998 (see 1998 in music). It was Stewart's eighteenth studio album and was released on Warner Bros. Records (WEA 9362-46792-2). It produced the singles "Ooh
History of the United States (1980–1991) late 1980s. When the 1990 oil price shock hit in mid-1990, consumer spending contracted and the economy entered recession. Unlike the early 1980s recession, the recession beginning in 1990 was relatively mild. Some of the hardest hit cities were in California and the Northeast, while much of the South was less affected. History of the United States (1980–1991) The history of the United States from 1980 until 1991 includes the last year of the Jimmy Carter presidency, eight years of the Ronald Reagan administration, and the first three years of the George H. W. Bush presidency, up to the collapse