Times are tough, pants are tight

By Courtney Howard

Posted by Courtney E. Howard

When the economy turns south, most businesses reign in expenditures by curtailing travel. It is easy, however, to become cloistered in the office and detached from the industry. I know of what I speak, as I often and inadvertently find myself holed up in my Spokane office, conversing only by digital methods. A trip to I/ITSEC in Orlando, however, saved me from my Emily Dickenson-like existence and put me back in touch with the markets I so happily serve.

I noted a dichotomy in Orlando. On the show floor, enthusiasm, optimism, and hope for future technology advancements, profit increases, and budget expansions abounded. Outside the convention center, the mood was somber, even in a locale that boasts various family attractions. Sure, children cheered, "I'm going to Disney World," but parents' faces and audible sighs told another story. (Did you know that the entry fee for Universal is $75?!)

In the morning, I read of 20,000 jobs lost this week alone and unemployment rates reaching their highest level since 1974. I will admit that when I am working away in my office, this news elicits little response from me, other than a "huh." Out in the real world (if you can call Orlando that), however, the news made much more impact. En route to the convention center, I noted a baker's dozen signs hanging in merchant windows that read: "We are NOT hiring."

As I was sitting in the airport, I saw an interview with a man in Manhattan seeking employment. In the CNN piece titled "Sign of the Times," a middle-aged business executive wore a sandwich-board sign, the heading of which was "Almost Homeless." His story followed the eye-catching headline, and he told reporters, "I cannot afford pride; I need to care for my family."

All this put things into greater perspective for me, so I resolved to try and live on the cheap. I ate inexpensively at fast food restaurants, only to find that in many places, the "dollar menu" is no more. As I was tightening my belt, however, I noticed that everything else was tightening--not the least of which is the rest of my outfit. Alas, I must find other means of saving money during travel; after all, what do I gain in paying more for insurance premiums and health care as a result of saving a buck in a fast-food line.

I am interested in how you and your company are dealing with the declining economy. Let us know here, or in the Command Post online community. Here's to more prosperous times!

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The Aerospace & Defense Bloggers

Ernesto Burden is the publisher of PennWell’s Aerospace & Defense Media Group, including Military & Aerospace Electronics, Avionics Intelligence and Avionics Europe.  He’s a father of four, a runner, and an avid digital media enthusiast with a deep background in the intersection of media publishing, digital technology, and social media. He can be reached at ernestob@pennwell.com and on Twitter @aero_ernesto.

John Keller is editor-in-chief of Military & Aerospace Electronics magazine, which provides extensive coverage and analysis of enabling electronic and optoelectronic technologies in military, space, and commercial aviation applications. A member of the Military & Aerospace Electronics staff since the magazine's founding in 1989, Mr. Keller took over as chief editor in 1995.

Skyler Frink is an Assistant Editor of Military & Aerospace Electronics and Avionics Intelligence. Skyler graduated Cum Laude from the University of New Hampshire with a BA in Journalism and a Minor in Information Technology in 2011. He has contributed to many different publications both online and in print throughout his career as a Journalist. Skyler can be reached skylerf@pennwell.com.

Courtney E. Howard, as executive editor, enjoys writing about all things electronics and avionics in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Military & Aerospace Electronics, Avionics Intelligence, the Avionics Europe conference, and much more. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics geek. Connect with Courtney at Courtney@Pennwell.com, @coho on Twitter, and on LinkedIn.

Mil & Aero Magazine

May 2012
Volume 23, Issue 5