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Old 09-16-2009, 03:53 PM   #191
MeEscape
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Default Economy

Quote:
Originally Posted by Turtle Boy View Post
As HN said, laws are enacted to curb specific problems. Last year, with a faltering economy and $5 gas vs. this year with a faltering economy and $3 gas, the difference is like night and day...boats aren't screaming by you 150' from your fishing boat at 70 MPH and one can actually have a conversation on the dock. There are people all over the lake who feel this way, and as was pointed out before, some of them are our elected officials in Concord...they can see the results with their own eyes, they don't have to take anyone's word for it. As far as Winnfabs and pushing their "agenda", let's not forget the powerboat industry and NHRBA pushing theirs down our legislators throats...I'm happy the house and senate took off their blindfolds and recognized this.
Just for the record, the Dow Jones Index didn’t drop until October 2008, after most boats were out of the water, unemployment was in the low 6’s through November (it is now at 9.5), there was not a recognized faltering economy during the 2008 boating season in New Hampshire.

People who can spend six figures plus for GFBL’s are not affected by fluctuations in the price of gasoline which causes them to pay maybe a couple of [hundred] bucks more for a fill up, they are effected by a seven figure hit to their portfolios or a lost job.

Proof of this is the price of boats, new and used, fell in the September/October 2008 time frame, after the market fell and at the time gas prices were also falling.

There are fewer boats on the lake this year because toys tend to be sold off before people give up their homes.
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