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Events closer to home Wyoming’s economy bleeds Although the national economy continued to grow throughout most of 1986-1987, Wyoming’s economy has undergone the opposite type of change. With Wyoming’s inflation and unemployment rates up over 10% and most of the population threatened with loss of jobs, things looked bleak as the school year ended. Most of Wyoming’s economic problems can be blamed on the depressed oil, gas, and coal markets. Although tourism still remained strong, falling gas prices caused oil prices to drop by half and the number of oil rigs in the state to drop from 37 in summer ’86 to only 24 in June ’87. This especially stung in N.E. Wyoming and the south- ern part of the state. Effects of the bad economy were varied: from a drop in the population as more people moved out of state, thus lowering property values and hurting the already-poor farm industry, to the closing of dozens of businesses, schools, and the Wyoming Wildcatters, who planned to pack up and leave Casper for Sioux Falls, South Dakota. State government has been severely cut, leading to a drop in the budgets of schools, agencies, and the Chamber of Commerce. Gov. Sullivan has promised to keep taxes down as long as possible by further cutting spending whenever possible. I.eft: First Wyoming Bank, formerly First National Bank, which went bankrupt last summer due to bad loans that it could not make up for. Below: The Club, which opened this year to entertain and amuse local teens in a drug-and-alco-hol-free environment. Gov. Sullivan Wyoming voters gave an upset victory on Nov. 4 to Democrat Mike Sullivan, the 4th consecutive election of a Democrat for Governor. Sullivan won the election 88,(KM) to 75,000 for challenger Republican Peter K. Simpson. Simpson had started the race with a lead of 59%-41% in most polls, but the trend quickly began to reverse and by election day the race was “too close too call’’ according to US News World Report. Although Wyoming is considered a Republican state, Democrats now hold 3 of the top 5 state offices. The other 2 Democrats are Sec. of State Kathy Kar-pan and Superintendant of Schools Lynn Simons. State Treasurer Stan Smith and State Auditor Jack Sidi are the 2 Republicans. Democrats also captured 2 more seats in the State House. Left: The new, improved Sheridan High School, which will finally replace the old, 1925 High School Building. The multi-million dollar complex will house grades 10-12.
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