Your Turn To Chime In On The Economy
May 30, 2010 by Ian Hutchinson
While tapping out my last contribution about the state of the overall economy, I was careful to weigh different sides equally while discussing what would happen in the next few months as Canadians dig their way out of the pit we found ourselves in last year.
That’s why the optimistic outlook of GNN blogger Kevin Thistle was brought up as a balance to the “cautious optimism” of Tiffany Gordon, which she has discussed in her blog.
The economy is a touchy subject that can affect an industry such as golf, where discretionary spending is such an important factor, so it’s little wonder why many people within the industry will bring up media negativity in any such discussion.
It’s understandable. Before the crunch hit last year, they heard consistently for months on end that a downturn in the economy was approaching. That was before it even kicked in, so there was a certain amount of fatigue before people even began to feel the pinch.
In a sense, those people were correct. While an economic slump did take place, and most of us felt it, I don’t think it was as bad as first anticipated and, in Canada, it didn’t last as long as we thought it might.
With that seemingly behind us, the last thing we need to hear with things apparently turning around is more bad news on inflation, the HST in British Columbia and Ontario, rising interest rates and some of the economic challenges that are ahead for Europe and the United States, among other places.
Yet, we can’t stick our heads in the sand either and any of the above, or a combination, could have an effect on what’s ahead for Canada – and Canadian golf – in the near future.
You’ve heard from Kevin, Tiffany and me, so now it’s your turn, which brings us to this week’s GNN Poll.
How are you feeling about the economy for the rest of this year?
Do you feel it will go full steam ahead with no obstacles?
Are you cautiously optimistic?
Or do you feel the warning bells are going off again?
Be sure to cast your vote at the GNN Poll and, as always, please expand your thoughts in the comment section below.
Related Posts:
- It’s Your Turn To Talk Economy
- Is Economy Or Lack Of Interest Hurting Golf?
- How’s Your 2011 Season Going?
- Would You Take A Pay Cut?
- Is Canada Due For Recession?















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