Lastly, the primary reason golf is in "poor economic shape" is the political takeover of economics.
I'm curious why you think this is so. I realize I am potentially opening a can of worms.
If you had asked me, the first cause for the "golf recession" would be the true economic condition of our country, one that consumes a whole lot more than it produces. Add in the real estate bubble, induced by artificially low interest rates, together with opportunistic investment banks unhindered by any sort of derivative regulation. "You too can own your own golf development!"
While I agree that world economics are now deeply political, I believe the national economic situation is so badly damaged that politics and government are the only stopgap measure available. Without political intervention, depression is inevitable.
Therefore, I predict that the golf business is in for rough times. Golf participation will drop over the next 25 years, unless the lower middle class can play for cheap. Newer golf clubs designed for the wealthy will experience painful financial reorganization(s) as they develop a sustainable business model. This high-falutin' golf lifestyle some of us enjoy, traveling to the best places a few times each year, will become relatively more expensive to maintain.
Sorry to be a downer. Would be curious to hear your thoughts.
Jim Hoak,
With respect to your initial theory, I tend to disagree. I am a 0-3 handicapper over the last five years, more accurate than long. My carry distance for a solid drive is in the 225-240 yard range. A typical 6500 yard course yields a whole lot of short iron approaches, unless it is cleverly designed, like Pasatiempo or Crystal Downs. I just played Ballyneal last week from 7100 yards, and enjoy that distance best, as it offers me the most interesting approach shots, and compels me to drive the ball well.
Of course, Ballyneal is well designed to play fairway woods or long irons into the long holes. Many courses are less well designed for the long approach; which tees work best depends on the venue.
My handicap holds up well unless the course is either too short (psychological barriers prevent low scores) or too long. Although this is purely anecdotal, I see a non-linear break, different for each player, based on his skill and strength level. If I move from the 6500 yard tees to the 7000 yard tees at Pumpkin Ridge - Witch Hollow, my index would jump one to two points, though in this case, the limiting factor is mainly my inability to drive the ball accurately rather than powerfully. But other friends can't handle the course if they move from 6100 to 6500, or 5500 to 6000 and so on.