Thursday, February 01, 2007

Olympic games funding solution

All fears over funding of the Olympic games can be easily put to rest with a very simple solution. The Government can sort out all the money it wastes every year. I know never going to happen, but it just puts into perspective how much money is wasted each year.

A Government report from the Department for Work and Pensions has estimated that £2.6bn was overpaid last year in benefits due to errors and fraud. To stage the Olympic games themselves will cost £2bn, so that would be that bit paid for.

This estimate is just for benefits, so if the whole of Government spending was taken into account, I imagine the Olympics could be paid for several times over without the tax payer having to pay anything.

We can only dream….

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