The Last Word

Since the economic recovery is finally upon us, we thought it might be interesting to look back at some of the stories that were being reported ten years ago, when we last emerged from recession.  Here’s what we found…

In 1994, economic coverage on the “Big Three” US television networks fell by 20% over 1993, because “good” economic stories are not newsworthy.  The Center for Media and Public Affairs, a non-profit media research organization, reports that crime coverage increased by 15%, year over year, led by the OJ Simpson murder case.  The clubbing of Olympic figure skater Nancy Kerrigan was also referenced, long before clubbing conspirator, Tonya Harding, ever dreamed of launching her celebrity-boxing career.

In 1994, the average salary for an engineer in the electronics industry with ten-years experience was just over $51,000.  Today it’s around $72,000, or $80,000 on the West coast.
   
Bill Clinton family scandals were also prominent in 1994, and this was long before we knew anything about Monica Lewinsky.  Paula Jones was the one leveling allegations against the former Arkansas governor, and they helped make Clinton the favorite target of late night comedians, by a wide margin.  For example, this from David Letterman on Arkansas troopers’ arrest technique: “O.K., ma’am, step out of the car, put your hands on the governor.”

Somehow, even though we were focused on 1994, a more recent Bill Gates quote found its way into our search engine display.  And it’s one that is relevant for this edition of the Adexa Arrow.  Gates said, “Your most unhappy customers are your greatest source of learning.”  For Adexa, the customer summits gave us a priceless opportunity to gain feedback on everything we’ve done, and everything we are planning to do.  Future releases of our solutions will prove that we took their counsel to heart.

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