Our upcoming WEEKLY STANDARD cruise had me thinking (only a bit!) about blackjack, since the ship’s casino is occasionally (rarely!) frequented after dinner by TWS editors and guests. I remember being told on a previous cruise by a real gambler that the characteristic error of occasional blackjack players is to take another card when they should stand pat. They do this when they have a mediocre hand and over-estimate the odds of improving it rather than busting, while under-estimating the odds of winning by just standing pat; and they do it when they think the dealer must have a winning hand because he has a strong up card, and think they need to take a big risk when they may well not. In other words, most blackjack players are either too hopeful they’ll improve or too fearful of dealer’s strength. They’d often do better if they just stood pat.
That’s the Republicans’ situation today. They have a hand they could easily make worse by panicking, and which could be good enough for a win or draw if they keep calm. And their odds could improve if they now take a few days vigorously to make their case to the country: that they have acted to fund the government—while protecting Americans from having to buy insurance they don’t want from exchanges they can’t trust, and while reversing the special deal the Obama administration arranged for Congress so that Congress will have to live by the laws they impose on others. They could also stand ready to pass legislation, as they did before the shutdown with respect to military pay, addressing discrete parts of the government that might require exemption from the shutdown as real problems become apparent.
Stay informed.Stay ahead.
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