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FrodosPet

(5,169 posts)
13. Perhaps a biased source which is overstating the impact, BUT...
Sun Mar 25, 2012, 11:15 PM
Mar 2012

...it's a start into the economic impact of horse racing.

http://www.horsecouncil.org/national-economic-impact-us-horse-industry

* There are 9.2 million horses in the United States.

* 4.6 million Americans are involved in the industry as horse owners, service providers, employees and volunteers. Tens of millions more participate as spectators.

* 2 million people own horses.

* The horse industry has a direct economic effect on the U.S.of $39 billion annually.

* The industry has a $102 billion impact on the U.S.economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Including off-site spending of spectators would result in an even higher figure.

* The industry directly provides 460,000 full-time equivalent (FTE) jobs.

* Spending by suppliers and employees generates additional jobs for a total employment impact of 1.4 million FTE jobs.

* The horse industry pays $1.9 billion in taxes to all levels of government.

* Approximately 34% of horse owners have a household income of less than $50,000 and 28% have an annual income of over $100,000. 46% of horse owners have an income of between $25,000 to $75,000.

* Over 70% of horse owners live in communities of 50,000 or less.

---------------------------------------------

On the bright side, many people in the industry care very deeply about their animals. And a domesticated horse is going to have a much longer and healthier existence than a wild horse, who is subject to no shelter, predators, and untreated illnesses and injuries.

On the dark side are people who are in it ONLY for the money, and yes, running horses can and do get hurt, whether on a track or in a field.

Recommendations

0 members have recommended this reply (displayed in chronological order):

How many horses participate in the sport? That matters % wise. Logical Mar 2012 #1
Then look at this: Are_grits_groceries Mar 2012 #2
How many die in auto accidents? Eliminate the car? chelsea0011 Mar 2012 #3
cars serve a useful purpose. niyad Mar 2012 #4
Do you think horse racing serves a useful purpose? Racecar driving? Skydiving? Logical Mar 2012 #6
where in the world would you get that idea from my question? niyad Mar 2012 #8
You brought up the useful purpose. I just added some. Logical Mar 2012 #9
Perhaps a biased source which is overstating the impact, BUT... FrodosPet Mar 2012 #13
Are you seriously suggesting that horses should be running no matter Are_grits_groceries Mar 2012 #5
Comparing machines to living breathing arthritisR_US Mar 2012 #7
If the distinction only falls along the lines of animal vs. machine, then chelsea0011 Mar 2012 #14
That's correct and I am opposed to arthritisR_US Mar 2012 #16
If 24 people a week were dying from some unknown problem with their cars every week XemaSab Mar 2012 #26
US horse racing has one of the worst records in the world for the horses magical thyme Mar 2012 #10
It's almost as bad on the show pony side. Check out gingering a horse some time to see how fucked CBGLuthier Mar 2012 #11
It is horrible. Del Mar Track had 7 horses shot in one season, a couple of years ago. Liberty Belle Mar 2012 #12
The normal method deaniac21 Mar 2012 #22
They do not shoot horses with guns at the track. Justpat Mar 2012 #23
The HBO Series "LUCK" was just cancelled because three horses died in K Gardner Mar 2012 #15
In France they are on the menu deaniac21 Mar 2012 #17
They may be on the menu in the U.S. soon. Horse slaughter ban was lifted a couple K Gardner Mar 2012 #18
Why shouldn't horses be on the menu here? Johnny Rico Mar 2012 #25
Oh god.. I think I am going to be ill. Texasgal Mar 2012 #19
The jockeys don't fare much better than the horses tjwash Mar 2012 #20
I was horrified by this story jsmirman Mar 2012 #21
Sounds just as vile as dogfighting ecstatic Mar 2012 #24
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