I really like Thomas Massie
But Peter, he's a crazy libertarian that wants to end the Fed and all foreign aid, including to Israel
I already said I like him, you don't have to sell it to me
Sunk Cost Fallacy
Can't quit now
The person argues to CONTINUE ON THE PATH simply because of what has ALREADY BEEN INVESTED to date. In truth, PAST EFFORT HAS NO BEARING on whether continuing makes sense. Smart people CUT LOSSES when they no longer make sense. Fools DOUBLE DOWN TO AVOID ACCEPTING THE LOSS.
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