Typo of the Day: LA Olympics Take a Cost Hit

Oh man, we have yet another ridiculous increase in the budget for a public boondoggle in California. This time it’s the LA Olympics:

$700,000! That’s outrageous. That’s the price of a grande latte for every resident of, um, Oxnard. How much does a grande latte cost, anyway?

The online edition provides the actual numbers:

The predicted cost of staging the 2028 Los Angeles Olympics has risen to $6.9 billion, according to an updated budget released Tuesday by the private committee responsible for staging the massive sports event. The new figure represents a $700 million increase over previous estimates, with organizers saying they had to adjust for inflation after L.A., which originally bid for the 2024 Games, agreed to wait four more years.

OK, I get how $700 million can turn into $700 billion or vice versa, but how does it turn into $700,000? There’s no indication in the story that there’s even been a correction, let alone an explanation of how the mistake happened. Weird. But I suppose it doesn’t matter. By the time 2028 rolls around, I’ll bet that the difference between $700,000 and $700 million will seem kind of quaint.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

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Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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