Oh my:

“Every other city would love to have this—when the federal government will spend billions of dollars on infrastructure and on security. Besides that, the national and global publicity we receive from the build-up all the way to 2016. This is the only economic engine.”

[snip]

“People can discuss this, but this is the best economic engine we have going. I have nothing [else] up my sleeve.”

Here’s a graph from a 1999 GAO report on federal Olympics funding that breaks down where the fed money went for the 1996 Atlanta games: