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re: New Orleans is owed $135 million in traffic cam tickets and is struggling to collect
Posted on 5/8/24 at 1:49 pm to John88
Posted on 5/8/24 at 1:49 pm to John88
quote:
“I don’t think we’ll ever see that money and that’s called a sunk cost.”
A sunk cost? I'm sure they've made some money back, and I'd be willing to bet that it has covered the cost of these cameras.
The term sunk cost honestly sounds like they are relying on this money for something- probably to line their own pockets. They should not be relying on this money for anything.
Also frick them cameras.
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