The Vermont Legislature continues to throw good money after bad. Which is more wasteful: the $245 million in sunk costs, or another $250 to $450 million of further spending to complete the project over the cost of a more economical and resilient alternative? I’d contend it is the latter.
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Opinion: How the Sunk Cost Fallacy permeates Vermont politics
The Vermont Legislature continues to throw good money after bad. Which is more wasteful: the $245 million in sunk costs, or another $250 to $450 million of further spending to complete the project over the cost of a more economical and resilient alternative? I’d contend it is the latter.