what important events happened 1988 in US history?

Judson MacLaury has written:

'History of the DOL, 1913-1988' -- subject(s): History, United States, United States. Dept. of Labor

The United States Navy patrolled the Persian Gulf during the 1980's and maintained an open sea for fuel tankers traversing the gulf: See Iran-Iraq War (1980-1988).

I think there was a boycott by the United States of the 1980 Olympics.

Foreign banking assets in the United States were $198 billion in 1980