The Olympics

The Olympics


News, information and stories about the PyeongChang Winter Olympic Games and the Olympics in general.

Tuesday, December 16, 2008

A Shot in The Arm?

Tessa Jowell referred to the Olympics 2012 as being a "shot in the arm", whilst appearing on BBC Two's Daily Politics programme, at a time when Britain is expected to go into recession.

She noted:

"But, as it turns out, facing a recession deeper than any that we have known, almost certainly, the Olympics is, I mean, it's economic gold at a time of economic need."

Given that the out of control "budget" currently stands at £12BN (including £2BN running costs) and is likely to rise further, as private finance deals fall through, why is so much money being wasted on this white elephant which will not produce any meaningful legacy?

This waste of resources is more akin to a shot in the head, rather than a shot in the arm.

Olympic Medals won during the Beijing 2008 Olympics

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