Humanity has enjoyed an absence of the Olympic Extortion Committee (and FIFA for that matter) for most of recorded history. Maybe we ought to get back to that.
Damn. I thought the Big Dig was bad. [Though If you include the “coordinated projects” like the Green Line extension that are still (more or less) ongoing, it may still have a shot at medaling in the Overrun event.]
Why smooth the curve for this graph? Seems sloppy to me, and misleading. The costs fluctuate, depending on year, but the implied curve suggest logarithmic escalation, when that rate/pattern has not been proven yet. There are too many variables; corruption, economies, sponsorship, built infrastructure. It’s just the last few instances that jumped higher than previous years. Just plot the actual numbers, don’t try to plot a pretty curve for the sake of your impressions of what might happen. (Obviously, costs will rise, but don’t assume you’ll know by how much). A single graph can never tell the whole story anyway, but this just bugs me; seems like a Fox News kind of chart.
Don’t think of it as extortion, think of it is, um, surge pricing.
Appropos?
Friends don’t let friends host Olympic games
surge pricing with side of steroids?
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