What is the fuel pump?
Are you using a gauge?
The Carter/Edlebrock likes between 5 to 6 psi max, 8 psi will blow fuel past the inlet valve stopping it from closing and flooding the float bowls resulting in rich running.
This carb also likes to be cool, to that end there should be no intake exhaust heat and an insulating spacer placed between it and the intake of not less than a quarter inch thickness, but better at a half inch. This does not mean this carb needs an airgap intake but it really doesn't need an exhaust heated crossover that may be present with L98 heads as they retained that passage for the EGR system with the original TPI fuel injection of that engine, so if your intake has the exhaust hot spot under the plenum it is likely to be active, the intake gaskets with thin metal plugs do not resist burn through for very long. For a setup like yours I always close off the manifold passage with a fabricated quarter inch thick aluminum plug having an interference fit in the passage and flush with the machined intake mating surface so as to beef up the metal plug of the gasket set.
Having set for years assumes whatever fuel was in the tank and fuel system is either old or has evaporated, this leaves gums and varnishes behind that can get through flters and collect in carb passages. With the carb you have these can also collect in the vacuum piston passages and its bore affecting the piston's ability to move the metering rod which in turn affects mixture ratio. You also need to check the floats for leaking fuel into them, ethanol fuels attract water which corrodes little pin holes in these soldered brass floats so they don't sit well for long periods, as long as washed by fresh fuel this doesn't become a problem, but it is if you just shut the moror off and walk away for a few years.
The Carter now made by Edlebrock is touchier than a Holley but rewards the extra effort with better fuel consumption. It is more like a Q-Jet in function and complexity.
This not to rule out other causes like a distributor or coil going out, fouling spark plugs, or cam timing set loosing time, but ya' gotta start somewhere.
Bogie