"You are right about the pscychology. I thought we did a bloody good job of hosting the Olympics."

I've been told by a relative, who works for the government to "sell" UK businesses internationally, that the London olympics are widely regarded as a model of how to "do it right". I don't know (and he didn't say) whether this makes it more possible to achieve long-term economic benefits that offset the cost of the event. I'm probably sceptical about that.