'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 - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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