[jacquesm]

This is a very deep insight but it does rely on people knowing what the relative future costs are and this is a much harder problem than looking back and so the part of the equation with the most evidence behind it tends to be given the greater weight.

[jqpabc123]

What was described is standard economic practice --- but people violate it all the time. They retain an emotional attachment to money that is long gone.

In any case, the future is a judgment but the past is history --- and throwing more money at it won't change it or bring it back.