[Marathon Man]

Originally Posted by golfing eagles

Here's one for the "doublers" (although I don't believe the facts show green fees have doubled at TV champ courses)
In 1974 I played Bethpage Black on weekdays for $1.75. Today the greens fee is $130. What "percentage" increase is that. Gas had skyrocketed to $0.69/gallon in the aftermath of the oil embargo, prior to that it was $0.34. Ground beef was $0.69/pound and a regular size loaf of bread was $0.29. Sirloin steak was $1.29/pound, for those that could afford it.

My point is simple---prices go up. Wages go up as well---I was working in 1974 for $1.00/hour, so golf was almost 2 hours work. Before I retired, golf was a lot less work than that.

As to those who are hurt by price increases more than others---those on a fixed income, yes it sucks. But some of those folks planned a retirement on prices that existed at that time and did not consider the future cost of living. My godfather was one of them, he retired in 1966 on what seemed to be a pension that would last a lifetime. By 1975 he was living in a trailer buying food from the expired shelf. So to those approaching retirement, Plan ahead!!!

Wise words indeed.