Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Monday, June 8, 2009

Recession Hits the Links

Syracuse, NY -- Local golf courses are being hit with a penalty stroke because of the struggling economy.

Golfers seem to be falling into three different groups. The first is made up of those who are canceling their memberships and giving up golf because it's just too expensive. The second is comprised of those who will continue to tee it up, regardless of the cost. The final group is made up of those who are making the switch from traditional golf courses to the more cost-friendly Par-3 style courses which are made up of shorter holes.

Marvin Bodley is a member of Drumlins golf course and one of only two people who were playing golf at Drumlins on Monday afternoon. He said he was one of the lucky few who could continue playing the game he loves.

"I'm retired and I've been quite fortunate in my retirement," Bodley said. "I try and work in the golf regardless because it's something that is a big part of my life. But I have seen some of my friends that definitely have had to cut back."

Some golf managers in the area say they believe that many golfers will start frequenting Par 3 or municipal golf courses such as Sunnycrest or Popes Grove if they decide to cancel their memberships to more expensive courses.

Anne Fox, the business manager at Drumlins, says the course could survive one or two years of economic troubles before layoffs would have to be considered.

Mike Hardman's video of the story can be seen below.


Maffei Explains Stimulus Spending




Liverpool, NY -- Congressman Dan Maffei was at the Liverpool Holiday Inn this morning to discuss the economic stimulus plan.

He warned those in attendance that was not going to sugarcoat the economic situation.

"We are in a real time of challenge," Maffei said.

Even the man Maffei beat to win his congressional seat, Dale Sweetland, agreed with the congressman.

"Business is not anywhere as it used to be - it doesn't come as easily," Sweetland said.

The breakdown for the stimulus money is as follows:

  • $288 billion for tax relief
  • $144 million to state and local governments
  • $50 million to healthcare and education

More than 200 local business owners were in attendance to learn how they can take advantage of the stimulus money.

"Businesses who are here can even take this back to their companies and share it and they will take some action to get additional benefit for private sector jobs and their employees here in Central New York," said Deb Warner from the Syracuse Chamber of Commerce.

Maffei emphasized the importance of working hard and not giving up hope.

"We really are like a family and because of that and because of any family going through a crisis - we are going to get through this, work together, be together and in the end we're going to end up better than we are today," Maffei said.