The Economix blog at the NYT takes a look at the economic benefit of the Olympics. Check it out!
Over the coming months, the media will relentlessly ask questions about the economic benefits, when there are so many other pressing economic and social challenges.
Personally, I fear that it will be an increasingly challenging time for UK Prime Minister, David Cameron and Chancellor George Osborne. I sense that London Mayor, Boris Johnson, will gain a political bounce. Perhaps, backbench Tory MPs will press for a change of leadership?
What do you think?