Dick's chose golf over guns and now reaps the benefits.
Golf is expensive and time consuming. It takes a great deal of practice to become good and remain so. In order to get good you must play three times a week. The cheapest courses are $40 minimum a round. That is $520 per month. The cost of a new car payment. When people are not doing well, golf is dropped first.
First thing to go in a depressionary economy are luxuries. An economic lesson my kids have known from age 8 and up because I continually repeat similar lessons.
Golf is one of those luxuries. Guns are in many cases a necessity and at worst, a last chance survival tool.
Whatever Dick’s is thinking with, well....apparently they’ve run “short” on common sense.
from idea to the shelves a driver that sells for 500 bucks cost about 70 bucks to make.
Golf club depreciation is worse than cars, yet markup on a newer used driver is incredible.
I gave up this form of masochism disguised as a game a few years ago.
-— , the fifth consecutive year that showed a decline. -—
That would take us back to 2009. Anyone remember a significant event in 2008?
It’s down because golf courses are mostly privately owned, especially the public courses. Those that are prospering are often off the backs of of others, such as the Fascist-ol Country Club that should have never hosted the U.S. Open.
And many of the “country” clubs are riff with members pockets full of $ government contracts, benefactors of Extortion-Care, and company executives selling SNAP products.
Public course owners can’t take SNAP as green fees, so to speak.