The future of boating

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oops!

Supreme Mariner
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Re: The future of boating

As an example, my sister has a Masters Degree and a 29 year career as a professional in a business that was always profitable. Now, because of hard times they needed to reduce costs so they found out they could replace her with a 20 year old with a GED and cut the pay back by 2/3. So, now here is a middle aged woman working as a telemarketer 7 days a week for $12 an hour. She can't work any harder because there are only so many hours in a day.

this make me wanna puke.........but its all too common
 

emilsr

Senior Chief Petty Officer
Joined
Dec 16, 2010
Messages
774
Re: The future of boating

That may be true, but you are talking about LOTO's. People down there also play banjoes with a passion too.:D

True, but these folks were midwesterners from Chicagoland (I know them). They have all their teeth and aren't married to a cousin...as far as I know.

Point is the boating passion is pretty strong. Has been a part of mankind for a very long time....it isn't going away.
 

sickwilly

Lieutenant Junior Grade
Joined
Jul 9, 2007
Messages
1,089
Re: The future of boating

Issue 1:

What have I offered regarding your valid, real question was first facts. Will we be able to boat, service our boats, etc?

Fact: Brunswick corporation (stock ticker BC) is no GM. They are quite adept for such a large company. They mothballed their factories and even kept some lines of motors alive against the wishes of the EPA. They have reduced their significant back log of inventory. They have updated their cross-section of brands, even dumping some like Maxum. They are rolling out new product lines. They have their debt under control and its low. Their strength has been reflected in the over 300% increase in the price of their stock (yeah, I got a big piece of that). Even with gas prices going up they just had their rating increased by Moody's. This not only drives investors to them, but keeps their ability to borrow if needed cheaper.

As long as Brunswich is alive and strong, there will be plenty of mercury / mercruiser / quicksilver parts and service providers. As long as merc is solid, companies like sierra, mallory, and SEI will have a place in the economy, and retail outlets like iboats will sell their parts.

Thus, we are good with keeping our boats up and running unless you have an OMC power plant -- but that is hardly related to the economy. There will also be new boats for us to buy.

Issue 2:

Comments were made about how sorry our youth are, presented as an argument about how this will negatively impact our future.

Fact: There has been an absolute bottle neck at the nations most prestigious and highly selective universities and incredibly talented kids are being denied admission. Even the flagship state schools cannot admit all the talented youth. There is a significantly talented generation of kids coming into the economy and they will continue to do the great things their parents have done. I see it first hand.

Issue 3:

It was argued that there is no manufacturing left in the US.

Fact, this is simply not true. We have lost a lot of jobs, but still lead the world in manufacturing. Yes, we still produce more than China -- maybe not for long, but the posts make it sound as if there are no manufacturing jobs anymore. To counter this I offered the fact that a brand new major manufacturing plant is opening up right down the road in Chattanooga, TN. Tennesseans and Georgians, not Chinese will be working at that plant, and earning wages that will allow them to be boaters if they so wish.

You want another fact?

Fact: I tried again to get into the marina for a slip this year -- still a multiple-year waiting list, and then I have to accept an uncovered slip while waiting on the even longer list for a covered one. Demand for access to the lakes is still strong around here.

Now lets see some show me state stats on why we need to worry about not being able to service our boats or buy new ones over the long haul.
 

sickwilly

Lieutenant Junior Grade
Joined
Jul 9, 2007
Messages
1,089
Re: The future of boating

this make me wanna puke.........but its all too common

That is what happened to our family back in the recession in the 90s, when I was in college and sking for the college ski team. Needed to sell the boat and weather that storm, but did, and we all came out on the other side.

I hope your sister finds a better opportunity real soon. Her tenacity to take a $12 dollar an hour job while looking for something better, versus just sitting on her duff as a victim, is the exact American spirit that the media will not highlight, but that the majority of underemployed Americans have and exactly why we will rise up from this.
 

oops!

Supreme Mariner
Joined
Oct 18, 2007
Messages
12,932
Re: The future of boating

i admire your outlook willy.

actually .....i am also an optimist

as far as point number two.......in canada, our colleges and universitys are full for great youth as well......however a large part of the student body are foreign students.....as soon as there visas are up....they are gone......i lost a great friend because he had to go back to japan after finishing university.
as well.........in comparison only a small number of our youth is enrolled in college or university.

getting back on track.......i think a new approach to powering our boats is what is going to make all the difference.
 

sickwilly

Lieutenant Junior Grade
Joined
Jul 9, 2007
Messages
1,089
Re: The future of boating

I attended a couple of presentations of Canadian university administrators recently at a conference and Its clear that they are recognizing one of the more profitable products they have is to sell the Canadian education quality to international students -- the international students are not subsidized by your provinces and therefore highly profitable.

Our own higher education system is going to shake out a lot of the for-profit jobs over the next couple of years, but will continue to be a stable place to work and help support boating at the majority of the accredited universities, as we too will look to international students to add dollars, much the same way our public universities compete with each other for the extra out-of-state tuition dollars (there, I tied it back to the original thread :) ).
 

wbc1957

Petty Officer 1st Class
Joined
Apr 26, 2010
Messages
261
Re: The future of boating

Issue 1:

What have I offered regarding your valid, real question was first facts. Will we be able to boat, service our boats, etc?

Fact: Brunswick corporation (stock ticker BC) is no GM. They are quite adept for such a large company. They mothballed their factories and even kept some lines of motors alive against the wishes of the EPA. They have reduced their significant back log of inventory. They have updated their cross-section of brands, even dumping some like Maxum. They are rolling out new product lines. They have their debt under control and its low. Their strength has been reflected in the over 300% increase in the price of their stock (yeah, I got a big piece of that). Even with gas prices going up they just had their rating increased by Moody's. This not only drives investors to them, but keeps their ability to borrow if needed cheaper.

As long as Brunswich is alive and strong, there will be plenty of mercury / mercruiser / quicksilver parts and service providers. As long as merc is solid, companies like sierra, mallory, and SEI will have a place in the economy, and retail outlets like iboats will sell their parts.

Thus, we are good with keeping our boats up and running unless you have an OMC power plant -- but that is hardly related to the economy. There will also be new boats for us to buy.

Issue 2:

Comments were made about how sorry our youth are, presented as an argument about how this will negatively impact our future.

Fact: There has been an absolute bottle neck at the nations most prestigious and highly selective universities and incredibly talented kids are being denied admission. Even the flagship state schools cannot admit all the talented youth. There is a significantly talented generation of kids coming into the economy and they will continue to do the great things their parents have done. I see it first hand.

Issue 3:

It was argued that there is no manufacturing left in the US.

Fact, this is simply not true. We have lost a lot of jobs, but still lead the world in manufacturing. Yes, we still produce more than China -- maybe not for long, but the posts make it sound as if there are no manufacturing jobs anymore. To counter this I offered the fact that a brand new major manufacturing plant is opening up right down the road in Chattanooga, TN. Tennesseans and Georgians, not Chinese will be working at that plant, and earning wages that will allow them to be boaters if they so wish.

You want another fact?

Fact: I tried again to get into the marina for a slip this year -- still a multiple-year waiting list, and then I have to accept an uncovered slip while waiting on the even longer list for a covered one. Demand for access to the lakes is still strong around here.

Now lets see some show me state stats on why we need to worry about not being able to service our boats or buy new ones over the long haul.

If you are trying to create a pissing contest over someone wanting answers, so be it. The high school drop out rate in this country is higher than any time in the history of public schol systems in this country. We rank 16th in education versus the rest of the world. The trend in manufacturing in this country has dropped every year for the past 25 years. Sure, we still are the leaders, but not for long. Which trend is better the ones that are dropping, or the one's moving up in the rankings, bud? Also, what makes the manufacturing wheels turn to begin with? Oil! Energy delivers the raw materials, energy makes the product, and energy delivers it to market! Wake up! The price of oil is set based on the drop of the dollar's value on a daily basis! As for your precious Brunswick stock, it is not the greatest with its poor P/E ratio, nor is it something I would trust based on the past 25 years of watching stock market creative accounting. But then again, there is enough clueless investors, like you, that wish to always believe the company would never lie to them. Commodities have gone up, and will continue to go up, due to world changing events like two other nations exploding in industry! China and India are growing, if you have somehow forgotten. Their currency and assets are rock solid. Plus, they will continue to grow, and most likely take the lead in industry, because our government is only interested in expanding itself and creating more taxes on businesses and people to cover its expansion. Now, I am sure there are plenty of great kids continuing their higher learning, even though today's colleges are way overpriced, and teach way too much liberal thinking for their own good. Also, there are a ton of grads who can't find work in their field right now, and have plenty of student loans to contend with too. But yes, let's all hang our hats on your easy set of answers of trusting one major businesses short term announced plan, and that the kids will find the way, even though they fight an uphill battle, and also the economy will just bounce back as it always has, while all the rest of the world should just accept their old position in the economy letting the US have a "do over"! NOT!:cool:
 

Home Cookin'

Fleet Admiral
Joined
May 26, 2009
Messages
9,715
Re: The future of boating

global warming and the 3' rise in sea level will rescue the boating industry. The saying in economics that "all boats rise with the tide" will be unnervingly prophetic.
 

sickwilly

Lieutenant Junior Grade
Joined
Jul 9, 2007
Messages
1,089
Re: The future of boating

You don't want to discuss, or even consider, you want to lecture, and "bud", your tone has become angry.

I guess this "clueless" guy needed to just "wake up" long ago and realize what type of person I am dealing with.
 

NYBo

Admiral
Joined
Oct 23, 2008
Messages
7,107
Re: The future of boating

Sounds like this thread needs to be locked.:eek:
 

canuckjgc

Petty Officer 2nd Class
Joined
Aug 15, 2008
Messages
154
Re: The future of boating

As a previous poster mentioned, there are so many types of "boating" that the question is a bit meaningless. There are ways to prioritize spending and have plenty of money left for fuel and maintenance.

I just bought a pretty lightly used 04 Explorer for $8k. The original owner had the original receipt for $48k (including taxes). I just "saved" $40k to put towards boating costs. Given I have a 16' aluminum skiff with a 40hp tiller, that $40k will last the lifetime of the boat and then some.

The people getting into trouble are likely those making payments on a boat they couldn't afford to buy with cash in the first place (and a house they couldn't afford, and a car payment they couldn't afford, etc...). In other words, if you live within your means and buy used stuff there is no reason not to enjoy boating. In Canada we are over $5 gallon.

Also, boat and outboard companies won't rollover and play dead - they will adapt to consumer needs. Maybe we'll see hybrid or diesel outboards with double the efficiency of the best 4 strokes, or more efficient hull designs, etc., that's the beauty of capitalism.

One last point - the US is the capitalist king of the world, there are tons of people who would give a limb to live in the US and take advantage of the endless opportunities there. I wonder if some Americans forget that the country is built for business (not employees) and anyone has the opportunity to take full advantage and start and run a business rather than moaning about the jobless rate. There are many countries where that is not a realistic option for most of the people.
 

wbc1957

Petty Officer 1st Class
Joined
Apr 26, 2010
Messages
261
Re: The future of boating

Due to the current events in Egypt, I think this topic is valid for more imput by others. THT has been running a question about people's boat use with fuel running at $5 per gallon. I think that number is actually low based on today's events. Here on iboats, there is discussion about buying 80's boats for better value. There will be possible major changes in how we maintain our lifestyles, and how we maintain our boating desires. These changes are not going to be like the typical increases due to inflation. I believe the industry will have to adapt, as all industries must, in the coming years. I also believe the current administration is getting a "wake up call" about our need for oil independence, for any chance of long term financial recovery. Thoughts anyone...
 

Bob_VT

Moderator & Unofficial iBoats Historian
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Messages
26,064
Re: The future of boating

I think you are trolling for a political discussion. CLOSED
 
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