It could be the war but it’s more likely Tory magical thinking helping the PM hold on – and even magic wears off in the end
, which sees us carry on investing in projects into which we have already poured resources even when the possibility of a payback grows increasingly remote, a tendency exacerbated by the worry that giving the whole thing up as a bad job, especially if we’ve previously publicly defended our initial choice, would be tantamount to admitting we’ve been a bit of an idiot.
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