'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 - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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