You are right about the pscychology. I thought we did a bloody good job of hosting the Olympics. Leading up to it I thought it was going to be a bit rubbish but when they actually started there was a sense of national pride.

The problem is that the pride only lasts for a few months. After that I was (and many other people were) back to thinking it was a massive waste of money and the only place that would benefit was London. Basically what I'm trying to get across is that if you had asked me during the Olympics I'd say let's do it again, but before or after? Not a chance