Bad economy/speed limit=bad news for lake businesses

[Woodsy]

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I agree with you that the economy is the biggest elephant in the room! However HB-847 does nothing to effect the big cruisers throwing big wakes. While there might be less hi-speed boat traffic. There will be the huge wakes thrown by the big cruisers...

Bang me a PM when you & the guys are heading over this way and we can meet up!

Originally Posted by Mee-n-Mac

So I'd ask everyone to pretend they had perfect info of whatever type they thought needed. How would "you" go about determining the effect ? What would you look at, measure ? How would you decide what's attributable to the SL and what's due to other causes ?

Most of the folks who own the boats targeted by HB-847 can afford to spend the $$$... The question is will they spend that $$$ here or someplace else.

There is no easily quantifiable measure to judge the effect the speed limit will have on the economy, especially when you consider how bad the economy currently is. However, we can an idea if there was an effect at all, by looking at the amount of high test gasoline pumped on the lake, and a quick check with the charities conducting the poker runs. (these tend to attract the Hi-Performance boats that the speed limit targets) To be sure there will be an economic effect... but i am pretty sure its going to be a ripple noticed only by those businesses directly affected and barely noticed (if at all) by the general public.

The success or failure of the speed limit is easily quantifiable... How many tickets written? at what time/conditions? what was the outcome of the ticket? fine paid (no contest in court)? fine paid (contested in court)? no fine (case dismissed in court)? How much did the MP spend on enforcement? Cost of Patrols? Court Costs?

I suspect the number of boat registrations will be down this year and next given the state of things... this DIRECTLY affects MP funding and staffing levels. Cost will become (as I predicted a long time ago) a very big part of the speed limit equation...


Woodsy