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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (867)7/23/2008 2:02:14 PM
From: TimF  Read Replies (1) | Respond to of 86355
 
Sunk cost is exactly the point.

The point about sunk costs is that they shouldn't have a major impact on decisions going forward. Changing direction now, doesn't recover the costs, so they shouldn't be a factor in the decision.

. It is a direct contributor to the high price of oil

It may be, but it isn't a major factor.

As for budget deficits, its only a small part of our total spending.


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