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It Just Looks Bad
August 23, 2008
South Korea’s economy is on the slide, and President Lee Myung-bak wants his officials to give up golf because it looks bad.
“Golf is not bad but ... as prices are unstable and the economic situation is not getting better, President Lee thinks they need to consider public sentiment,” Yonhap news agency quoted a presidential Blue House official as saying.
I don’t know how anyone can afford to play there, anyway. Reuters reports that club initiation fees average $250,000 to $500,000 and guest fees are $250.
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