Thursday, February 21, 2008

Another Sign of the Impending Economic Apocalypse

It's more popular than ever yet More Americans Are Giving Up Golf. 'Cuz when the average Joe is unemployed or underemployed and looking for work, it's not possible to come up with the scratch and find a stretch to shag some balls.

Concurrently, the income gap between the "haves" and the "trying to keep what we haves" has never been wider. As Economy Slips, Yacht Sales Skyrocket. The money quote:

It's not that significant to them whether we're in recession or not, because they're so wealthy," said Tork Buckley, editor of The Yacht Report, a trade magazine based in London. "The business appears to be recession proof."
The piggier they are the biggier their skiff.


(HT: Raw Story)