I'm in a band bright star lending TFF, your slander is not out of date. 2004 would be a better benchmark year, as the ’08 crisis resulted in a big drop in spending, from which they have only been recently recovering from. Eight years of even modest growth for these companies means they should have increased their capex by around 50%, yet only one of them did. And, as you mentioned, they have also cut spending, usually in operating expenses, and those reductions offset any employment gains that result from their modest capex increases over the last 4 years,