Tag Archives: Prospect Theory

In Their Panic, Democrats Become Reckless Gamblers

The long-considered but never invoked “nuclear option” was appealed to at a conspicuous time. The ground is collapsing out from under Democratic feet. In a panic, they are falling back on maneuvers which mitigate immediate pain and provide short-term gains, all the while acknowledging that the risks they are taking are high and the prospect of long-term advantage extremely low...

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