'92 was the worse I've seen in Connecticut. Then again I was just out of college. Unemployment in my valley is currently 5.7%.
It was 10% in 2000.
It was 12% in 1992.
I'm too young to really remember '82, and I was just out of diapers in '73 :)
Hmmmm, isn't that saying the economy goes through some gloomy times every 8 to 10 years?
Get much lower then 5% unemployment, businesses really start to scream they can't find help.
I'm becoming more and more convinced as I read stuff we're simply on a speculative bubble of oil prices. $4 gas will break soon. $2 to $2.50 gas? Sure...because we'll be back to the point the oil supplies are confined by our lack of drilling, and by lack of refining capacity to meet demand (particularly surge demands and seasonal change overs). Plus 25 cents or so that's due to ethanol instead of gasoline being used in the E-10. Maybe even $3 gas because that's the global warming crowd's wet dream, and really wouldn't break the heart of the oil executives either.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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