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What Does Boating Tell Us About the Economy?

Posted on May 12, 2008

Growing up on an island, I've always been intrigued by the boating world. Many friends and neighbors have boats, and while I've spent time sailing and powerboating, I've never owned one. Mrs. Big Picture grew up with sailboats, as both her dad and two brothers liked to sail lightnings -- affordable, family fun. I, on the other hand, don't have that out of my system. I don't know a single boat owner who has been able to justify the costs of ownership. And yet, there is a two year waiting list at any of the local marinas for slips (but moorings are available 100 yards from our home).Why all of...

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