Monday, December 8, 2008

Worse Than You Think


We can blame the economy, and people like National Thoroughbred Racing Association CEO Alex Waldrop will almost certainly do so, when the dismal year-end figures show that pari-mutuel handle in the United States is at its lowest level since 1998.

But pointing to the dismal economy as the sole reason for the Thoroughbred racing industry’s woes will be a fatal mistake.

I think we should have learned from the postage stamp!


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