
They argue that the sunk cost fallacy of Trump’s war will lead only to the diminishment of US’s negotiating leverage the longer it drags on, which is essentially an admission that Iran is now running away with its victory and the US should simply cut its losses:
The administration has repeatedly fallen prey to the sunk cost fallacy. In the face of this strategic failure, President Donald Trump has mostly acted as if the problem were one of scale or duration. In reality, U.S. negotiating leverage has diminished as the war has progressed and will likely continue to erode as the United States exhausts its munitions and domestic political consequences mount. New Houthi attacks on Saudi oil exports add precarity to a war that has already induced global economic shocks, damaged U.S. credibility, and put America’s regional allies in the middle of a conflict they advocated against.
It is true, especially given recent admissions by Admiral Brad Cooper that the US has ran out of worthwhile targets to even hit along Iran’s coast, and due to long-range standoff weapons shortages, is unable to consistently hit anything deeper in the country anyway.
Read the entire Simplicius post …
Roth Note: Regardless of all the blather about another huge bombing run this weekend, it appears, as of this Sunday morning, that we have another TACO. Good.
Update:

Roth Note: TACO confirmed.

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