Re: Golf Is Having A Bad Year...Why?


Agent 380 wrote:
> the Moderator <sparky@xxxxxxxxxxxxxxxxxxxx> wrote:
> :
> : "Agent 380" <puevf@xxxxxxxxxxxxxxxxxxxx> wrote in message
> : news:0T2imhunIfshN34@xxxxxxxxxxxxxxxxxxxxxxxx
> : > Tex <marktexkoenig@xxxxxxxxx> wrote:
> : > :
> : > : Agent 380 wrote:
> : > : > Cal Golfer <Bill_VP@xxxxxxxxx> wrote:
> : > : >
> : > : > : Am curious what each of you would list as the TOP 3 REASONS PEOPLE
> : ARE
> : > : > : PLAYING LESS GOLF IN 2004-5 ?
> : > : >
> : > : > 1. The economy
> : > : > 2. The economy
> : > : > 3. The economy
> : > :
> : > : Nothing wrong with the economy...
> : >
> : > Sure, as long as falling wages relative to inflation is your
> : > idea of a healthy economy.
> :
> : Inflation is a world problem. The US economy is growing faster than almost
> : every other country. Anyone can make a selective argument like yours, but
> : that does not mean there is a problem with the US economy.
>
> You're talking about "growing economy" in abstract. I'm talking
> about the amount of money actually flowing to working people in
> reality.

Money doesn't "flow", it's earned and spent.

> If the economy grows and all of that growth flows to
> the wealthy, that doesn't help anybody else any.

Well, that's just silly. First of all, there aren't enough
millionaires in the country who could have that kind of effect on the
national GDP growth rate. There's only about 4 million millionaires
(definition of which is someone with a million or more in assets).
Just over 1% of the population.

Second, who do you think are benefiting when the "wealthy" (whatever
that is!) are buying million dollar homes, and $70,000 cars? I don't
think they are out there with a hammer and nail constructing those
homes.

.

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