Today’s Report – March 28th

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Rob Pitingolo: Olympics Fallout. In a post ostensibly about Chicago, Rob links to several articles that show how hard and how fast bad things can start piling up after the Olympics leave town. It’s pretty clear that most places that host simply don’t need a lot of the infrastructure that had been built to support the games. Surprisingly to me, even Beijing is having problems, although it’s unclear whether this is more related to the current overall downturn. The bigger picture, I think, is that expecting any one event or project to provide long term benefit to a region is probably not a good idea.

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