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.
