Alex Massie Alex Massie

The Liberal Democrats and the Fallacy of Sunk Costs

John McTernan makes the case:

Paradoxically, it is the increaing unpopularity of the Liberal Democrats that will bind them closer to the Tories. It’s illogical, I know. Being in the Coalition has halved their support, so really they should leave as soon as possible. But they won’t, they’ll cling on for dear life.

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