One of the reasons clubs in the US are failing is that membership limits are too small. Since each member plays less than they used to, a private club should be selling more memberships at a lesser price - as they do in Australia or the UK.
Trying to maintain "exclusivity " is something most clubs can't afford. But the knock on effect of this is if membership rolls are bigger, we don't need as many private clubs. More consolidation is still necessary.
There's surely merit in this suggestion, but the number of those interested in joining private clubs in the Chicago area, for example, isn't going up, it's going down. On the South Side, where the middle and upper middle class has been devastated by the Bush-induced recession, there isn't a single club that has a waiting list. So, we're not suffering because we are limiting the number of members, we're suffering because we can't even fill our desired number of members. In response, all clubs have drastically reduced initiation fees, some to the point that they let members in for next to nothing, just to get the monthly dues revenues. But those kind of trunkslammer members don't have much of a track record of remaining members for more than a season or two. Clubs are closing because it has taken eight years to come to some semblance of recovery from the $6 trillion spent on two unnecessary wars and the $7 trillion lost in the housing crash. The middle and upper middle classes suffered the brunt of these losses. They will have decades of distress while the 1%ers had a bad year or two. Damage to the club industry is just one manifestation of this distress.
It's amazing the policies of Chicago didn't keep itself immune to the "Bush-induced" recession. Even more, I can't believe the last 8 years haven't improved things .. especially around Chicago .. weird.
Thanks for the snark! I can't imagine that Chicago is any different than other major urban areas in terms of the after effects of eight years of Bush. The eight of Clinton before and eight of Obama after have helped many but real wages for the working class are still lower than they should be. How and when that will help the non-elite, non-main line type clubs remains to be seen.
Now that we have a Billionaires' Cabinet, I'm sure we will all have some great trickle down coming to save the day.
I think your imagination needs to work a little harder.
You can continue to perseverate over political viewpoints; I'll leave this argument with facts. In November, 2008, just before Obama took office, there was a 538,000 job loss reported, the largest in decades. This November saw job growth of 178,000. 15 million jobs have been added since 2010. The pay they're receiving hasn't kept up with inflation for a variety of reasons, but mainly because workers are settling for less. None of these increases are likely to have any effect on the waiting lists at your city's country clubs, but it let's people feed their families.
If you're going to leave an argument with supposed "fact," please use NET #s on anything to do with jobs.
This is classic ... CNN (and I can't stress C..N..N enough) just yesterday ... the big, bold, online headline story of the day was "unemployment at 4.7% - lowest since 2007." Well, if anyone actually read the article it painted a much different picture than the headline. Better yet, I can't even find the article this morning ... CNN couldn't even stand themselves to keep it .. the new benchmark for "misleading."
Mu opinion is the last 8 years have been an epic failure. For the fist time in a long time, I (and many others) have hope things will change for the better.
As for golf, if the election went the other way, we'd be doing to same old thing. Everything takes time, and it will take time to unwind many of the messes created the last 8 years. My guess is once we see some type of clarity on the FUBAR health care front, folks who actually are out there creating jobs (government does not create jobs) will do just that. This will take time.