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Joined 11 months ago
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Cake day: March 7th, 2025

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  • Yes $19M is a lot of money, but to use your terminology this is money that has already been pissed. The economic term for this is “sunk cost” — we aren’t getting those dollars back no matter what we choose.

    It’s important to not let sunk costs influence our best course of action is going forward, but this is a challenge because people can get emotionally attached and massively overspend just to avoid feeling like the relatively smaller amount was wasted.

    So is the better choice spending billions on F-35s and being locked into a forever contract with a country that is opposed to our interests? Or do we write off $19M and do something else? My vote is the something else.