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Dick's Sporting Goods Inc. Message Board

  • eatatjoesforadvices eatatjoesforadvices May 20, 2014 7:09 PM Flag

    We thought golf was the newest hottest thing?

     

    What gives?

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    • A shrinking middle class with lower disposable income will kill golf sales. The labor force participation rate keeps on falling. More and more Americans are no longer working. Check out how all the retailers are missing their estimates this QTR and guiding lower. It's not because of the weather either.

      Golf is an expensive sport to play, so the masses are cutting back on playing. They have too. Most of the problem is due to the high costs of Obamacare. Just wait until next year when businesses have to comply with Obamacare. Most businesses will cancel heath care plans for their workers and send them to the health care exchanges. Thats when the SHTF.

      Sentiment: Sell

 
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