Today’s dismissal of murder charges against former President Hosni Mubarak on a technicality reinforces the view that continuity is a better way of understanding Egyptian politics than the rubric that misguided U.S. officials and democracy activists used. Egypt has not been passing through a “democratic revolution”. The Egyptian military republic, the form of government that emerged under Nasser, has survived the efforts of Mubarak and his entourage to turn it into a dynastic state, the efforts of liberals to turn it into a Western-style liberal republic, and the efforts of the Muslim Brotherhood to turn it into an Islamic state. Egypt remains what it was: a republic that is neither a monarchy nor a liberal democracy in which power, ratified by plebiscites and managed elections, rests on the support of the army and the security forces. President Sisi, like presidents Mubarak, Sadat and Nasser before him, has very wide power, and the political life of the country takes place within limits set by the authorities.Neither Western liberals nor Islamist activists are satisfied by this form of government, but for more than sixty years it has provided Egypt with stable governance. And if it hasn’t matched Singapore or China in the ability to use authoritarian means to develop a country, the military republic can point to substantial developmental accomplishments.From Eisenhower on, U.S. presidents have generally looked for ways to work with Egyptian presidents despite tensions over issues such as human rights. And Egyptian presidents, despite their misgivings about a range of U.S. policies have usually found ways to work with the U.S. Both countries share important interests—such as regional stability, peace in the Sinai, security for the Suez Canal—that time and time again have brought them to overcome other differences. While in many ways the gap between Egypt’s new administration and the U.S. is wider than at any time since Nasser threw in his lot with the Soviet Union, the interests that tie Egypt and the U.S. together are, if anything, more important to both countries than ever before.It’s likely that in the end, this time as well the U.S. and Egypt will find ways to work together. Each will continue to have reservations about the other, but the interests in common are just too important to ignore.