Japan Still Pursuing Olympic Bid

Japan’s government is continuing to pursue the idea of a bid for the Olympics. Ex-SKF found a couple of Olympic posters that tout some very un-tangible vague reasons to host the Olympics. It does seem odd that a country struggling with a major disaster and the considerable costs that come with would be focusing on holding the Olympics. Considering over 300,000 people are still living in temporary housing and the big decontamination plan has turned out to be a big failure they seem to have more pressing issues to deal with.

Holding the Olympics is expensive and has lost money for the host cities. Toronto’s Olympics lost them $1.5 billion dollars. London lost money on their Olympic hosting, it hit businesses particularly hard as locals left down and the tourists that did show up didn’t spend much money. It also scared away the normal tourists who didn’t want to deal with crowded conditions during the games.

$1.5 billion dollars could go a long way towards helping those displaced by the disaster.

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