Contraction is a funny word. That is unless you're about to give
birth and holding onto your belly for dear life. Contraction can also
mean apostrophes and shortened words, as well as a business reducing
its activity -- the opposite of expansion.
In November of 2008, I wrote a piece for this site about the racing industry's need for contraction.
The premise remains: Too much racing at too many places with too few
fans to support it on a 50,000-races-per-year basis. Now, perhaps even
more grossly in numbers, we have too few horses entering races to
support the schedule as well.
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