( A one minute read)
The feel-good factor of Britain’s success took little time to wear off after it emerged that each medal at the Rio de Janeiro Olympic Games had cost £4.1m in funding a mere £350m for 27 golds, 23 silvers, and 38 bronzes.
The five-medal haul in Pyeongchang cost a mere 28million, £5.6 million a medal.
Using the current rates of both precious metals, the street value of a gold medal is approximately $548.
In a country with its national health services trapped for additional funds, (£8 billion a year in funding will be needed by 2020.) going through the biggest financial squeeze in its history with waiting times rising and quality of care deteriorating.
That is spending £6.2bn on two aircraft carrier that will be worthless and possibly be spending £40bn on a programme that is designed for uncertainty and indeed that an “uncertain future threat environment” may mean no threats arise and so £40bn would have been spent unnecessarily.
It would be a fair question to ask are they worth it. Is it Lottery Funds well spent.
I would say yes on the premises that money spent promoting peace far outweighs money spent on defense in a world that needs to come together to fight inequality and climate change.
All human comments appreciated. All like clicks chucked in the bin.
Against worthless Aircraft carriers, Trident missiles they certainly are.