More on Golf and the Economy
Me speaking on Las Vegas NPR, with the AP’s award winning writer, Tim Dahlberg, on the decline of golf (lengthy discussion). I blame it on the gals, in part, for reasons pooh poohed in Phil’s post below. I think the sustained increase in women’s labor force participation over the past several decades affects intra-household bargaining in a way that keeps the guys off the course. If golf could jettison its image of a male bastion of privilege (hello, Augusta!) and make the clubhouse and course more lady-friendly, that might help. Hot babes in the LPGA like Natalie et al. might, in an ironic way, help bring that about.
On the economy in general, I spoke with Sportz Undercover’s Jared Zwerling also this week (interview here). I argue that the economic slowdown will have a minor and perhaps negligible impact on the sports industry. This reflects my assumption that the downturn is temporary and the long term trend, which is a strong positive for the sports markets, will be maintained.