Golf, like any leisure activity, is very closely tied with the ups and downs of the economy. The economy in its current state appears to be making headway in the right direction; golf on the other hand has continued its decline. Mostly it is a decline of participation, more directly it is not attracting as many new golfers as it is losing. For us golfers, this is going to be a bad thing. More and more courses are going to be forced to close because they just do not get enough play to remain open.
When I think about how we got here, we must first remember that golf has gone through ups and downs in the past. This is certainly not the first decline. Likely it will not be the last and golf will grow again soon. But we should analyze why we have had this recent decline.