To see a bit of the reaction by the folks in Rio, click here
Hosting is a great expenditure for the city which has chosen to ready itself for the world. However, the side effects of cleaning up parts of the city which didn't work well, and the many jobs available for people while the site is being built, is goal enough for all the cities who were hoping to be chosen.
For some pictures of other cities which were in the running, click here.
1 comment:
An American patriot has a very good reason to root for Rio 2016: the Olympics are a serious financial drain on the host city. The additional tax revenue from the short term boost in tourism does not begin to cover the large capital expenditures required to build the facilities, not to mention the costs of security and traffic management (lots of overtime for both), and the costs of mounting the campaign to win over the Olympic committee.
The cost of hosting the Olympics can be quite burdensome. Montreal did eventually pay off its debts from the 1976 Olympics - in 2006! Check out the following link to read how close Chicago
came to making its current debt problems far, far, worse:
http://www.pbs.org/newshour/updates/business/july-dec09/olympics_10-01.html
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