The year is 1979.
The NYT Bestselling Novel near this time in December:
Triple by Ken Follett
Best Picture of the year:
Kramer vs. Kramer
(although Superman II had the popular vote)
The hairstyle of the year was so obviously this:
And...drumroll please...my friend and fellow blogger, Bethany was born!!
Which made it a great year regardless of your hairstyle.