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Wiggles. .... I have no issues wth your data presented for Saturday the 17th. Those are the reality. I had simple called you out for flagging a 70k gap at Clinton on the OSS purse day was poor, misleading information.
Guys that I know in the industry, work a hell of a lot harder than folks I know outside of it.
Now, how much money Clinton racing adds to the local economy, over and above handle, is certainly worth a conversation. When you shut the track down, how many people really join the welfare system? How much revenue does the local feed mill lose? How much revenue does the local company providing food to the track lose?
Settle down PPG .... I asked the question. I didn't provide the answer.You seem pretty confident in your understanding of the financial impact, so why don't you share some data that we can all have a look at?"There is zero net positive economic revenue that would be lost beyond the amount of subsidies given to the horsemen."Today, track open $1000 in govt subsidy $1000 to horsemen in purses $500 to local businessesTrack closed $0 subsidy $0 to horsemen $0 to local businessesThat isn't net zero. That is net $500 loss
Do you think that $1000 just materializes out of thin air? Will the people who are making money servicing horseman just stop working because the government subsidy isn't there? **** The person who is grooming the track. The person who is selling tickets. Yes, if the track closes, they will stop working. It is a matter of, for how long. No, the ferrier won't stop working, but you can bet your last dollar, his income is going to be reduced. ****No. Anyone who has enough unique skills will either move to a place that provides income for their skills, or they will need to find other work that pays them. **** And how many of the support people have "unique" skills. We're not talking about the affect on a lawyer or accountant. We're talking about a real affect on the small shop owner and the minimum wage person working at the track. Those folks don't necessarily find a new job the next day or month. **** Speaking of providing numbers, can you show that $1000 in purse subsidies directly translates to $500 to local businesses? I was presenting it as an argument. Not sure if it is 500, 45 or 4500, but for sure it isn't zero as you presented. There are reams of data dispelling the notion of economic impact for subsidies. *** The internet is a big place. If I look long enough I can find reams of data supporting the reverse. I'd start with any union involved in the business getting the subsidy. I'm sure they will have pounds of paper to support why the business needs to stay open. *****As for specific data regarding economic impact in podunk Canadian towns, there isn't any because no economist in their right mind would ever study such a thing. If you'd like an analog study, I'm sure I can find plenty. **** But we are talking about small town tracks. We aren't talking about GM in Detroit. How has it worked out in the USA in all those towns where steel mills closed down. They went from bustling communities with folks making money to boarded up main streets and folks on welfare. ***