2016 Olympics: Say No to Tokyo
International Olympic Committee will meet in Copenhagen today to decide which of the four candidate cities will get to host the 2016 Olympic games. Hopes are high that Tokyo will win the honor, but is it really something residents of Japan should want? Trans Pacific Radio has an editorial arguing that the games will be ridiculously expensive and offer very little in return:
We can take the bid as saying it will cost roughly $14,194,537,000 for the Games themselves, plus the $48 million for the bid itself, which makes. . .
US$14,242,537,000
. . . which is a little over $1,114 per resident of Tokyo.
Related link: According to online gambling sites, Tokyo has very slim odds of winning the vote:
Their odds on Madrid getting the nod have been cut from 16/1 to 9/1, while the Windy City heads the market on 4/6, Rio has been eased out slightly to 7/4 and Tokyo is now a longshot at 25/1.
A Tokyo victory may be so improbable that we don’t even need to worry about the projected costs of hosting the games.
Do you support Tokyo's 2016 Olympic bid?
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