Quote:
Originally Posted by randallscott35
Why 1983?
Maybe because that was the exact bottom of the last recession that compared to the one we just went through? Is he using CPI for his inflation adjustment? That basket has changed as well since the 1980's.
Racing is far from death. The idea, however, that someday we will have 50 people at Belmont and our handle will be surging just doesn't make sense. And even after his inflation adjustment, that uses suspect and cherry picked dates, there is little if any growth in 30 years....Mind you when I think about the glory days of racing, the 1980's isn't it. I think early 70's and before. Would much rather look at those numbers.
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A long long time ago you had to show up on the steps of the New York Stock exchange in order to buy stock. My how times have changed.
09-26-2013, 02:15 PM
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