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Stop being such a pessimist and give me all your money

16 Mar 2007 - JG

So it was finally announced yesterday how much the Olympics is really going to cost us (at least until it is re-calculated in a year or so when they realise they still haven't got it right). After conning the British public and the rest of the world by promising to deliver the Olympics on a budget of £3bn, we're now told its going to be £9bn. I could go on about whether we should have bid in the first place but I think the real issue here is how it has risen so much. Is this another case of the government financial advisers' complete incompetence when it comes to valuing the cost of a project or was it a calculated piece of misinformation to try and get the public onside when the bidding process was in full swing? I fear it is a little of both.

Tessa Jowell has had the audacity to come out with accusations of Victor Meldrew types not supporting the games (as if that's a treasonable offence) and that the games are a great investment. Does she not get it? The problem is you probably lied to us and got your sums wrong (and I only say probably for legal reasons). If I bought some goods from a shop that I was perfectly happy with but was then sent a bill for the goods a month later for three times the cost I was expecting to pay, I would not be best pleased. So regardless of whether we support the games or not Ms Jowell, your department has made a complete balls up and we, the tax payers, are not happy with your incompetence.

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