Despite the fact that the UK (and indeed the global economy) faces a financially bleak 2012, the government, in the guise of the Culture Secretary Jeremy Hunt, is determined to "keep our spirits up".
What better way to do so, than to spend £12BN of our money on the 2012 Olympics?
Hunt has emphasised that the 2012 London Olympics will not be the "austerity games", and that the economic downturn meant the event's opportunities must be "harnessed".
Hunt is of the view that the voters would not forgive the government if it failed to make the most of the Games.
So there you are then!
Olympic Medals won during the Beijing 2008 Olympics
Don't forget to visit www.olympicswarehouse.com
www.olympicsdiary.com brought to you by www.kenfrost.com "The Living Brand"