Letter: Olympics wrong in a recession

3:48pm Wednesday 27th June 2012 in Readers' letters

We should have given the Olympics to another country as soon as the ressesion started.

Any country that has to cut health spending, lay off soldiers, impose 0% pay increases for public sector, charge students for getting educated to the tune of £9,000 a year, and take more money in tax off OAPs, and then goes and spends millions on the Games, is either morally bankrupt or a complete basket case.

2 for 5p (via website)

Comments (3)

2:17pm Thu 28 Jun 12

ToffeeGuy says...

We got the olympics when the economy was still bouyant. Hindsight is a wonderful thing.

To be honest I don't think there are many countries out there who could afford to host them at the moment (except may be China again). Imagine the national shame if we had handed back the games. To be honest there are only about 10 countries in the world who can afford to host the games but with the emerging nations such as India, Turkey and places such as Qatar, it is going to be a very long time before we host them again.

Basically even if we hadn't hosted the Olympics those cuts will still have taken place. The actual cost to the taxpayer nationally is minimal. Most of the cost has been met by London council taxpayers (who will benefit most from the post games facilities), the lottery and sponsorship/tv revenue. And as a bonus a huge chunk of East London has been regenerated (which would needed to have happened anyway).
We got the olympics when the economy was still bouyant. Hindsight is a wonderful thing. To be honest I don't think there are many countries out there who could afford to host them at the moment (except may be China again). Imagine the national shame if we had handed back the games. To be honest there are only about 10 countries in the world who can afford to host the games but with the emerging nations such as India, Turkey and places such as Qatar, it is going to be a very long time before we host them again. Basically even if we hadn't hosted the Olympics those cuts will still have taken place. The actual cost to the taxpayer nationally is minimal. Most of the cost has been met by London council taxpayers (who will benefit most from the post games facilities), the lottery and sponsorship/tv revenue. And as a bonus a huge chunk of East London has been regenerated (which would needed to have happened anyway). ToffeeGuy

2:35pm Thu 28 Jun 12

midas says...

They don't charge students they loan them the money on very favourable terms, terms which mean many of them wont even have to pay any money back.
.
Anyway which Government was it that bid for the Games? Another mess the Coalition has to sort out.
They don't charge students they loan them the money on very favourable terms, terms which mean many of them wont even have to pay any money back. . Anyway which Government was it that bid for the Games? Another mess the Coalition has to sort out. midas

10:52pm Wed 4 Jul 12

2 for 5p says...

midas wrote:
They don't charge students they loan them the money on very favourable terms, terms which mean many of them wont even have to pay any money back.
.
Anyway which Government was it that bid for the Games? Another mess the Coalition has to sort out.
no the coalition could of handed the games back
[quote][p][bold]midas[/bold] wrote: They don't charge students they loan them the money on very favourable terms, terms which mean many of them wont even have to pay any money back. . Anyway which Government was it that bid for the Games? Another mess the Coalition has to sort out.[/p][/quote]no the coalition could of handed the games back 2 for 5p

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