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Tuesday, January 15, 2013

What do people think happened during the lockout?


The NHL Shoots the Economy Down
The NHL lockout is negatively affecting North-American economies. My mom and I love hockey, we watch every game and we go to some games occasionally. When we heard about the lockout my mom and I wee devastated. My mom didn’t know what to do with her self when hockey was canceled. But when we heard that hockey was back we were so exited. The sport we loved was back but I don’t think that every one knows what the repercussions will be from the lockout.
            The NHL lockout was resolved in early January and is sett to start on the 19th but, there is still many economic problems that people know about. When I asked my mom which economy has been more damaged from the lockout she immediately stated “I think that the people who work at the stadiums and the stadium its self” I then told her that actually the most effected economy was merchandise to both the teams and fans. This shocked my mom and I can under stand why, because yes there are 30 stadiums that have lost money but the merchandise companies are in a way worse position. When I told her that the Canadian company CHE had lost 30 percent in revenue she was stunned. “I had no idea that in four months a huge company can lose that amount of money in that amount of time.” Now that the NHL is back the company will surely gain back money but it could take years for that process to happen.
            

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