On Two Competing Theories of the Election

Most Democrats look at Trump’s performance during the debates and his rallies and wonder how the election could be this close. Matthew Yglesias, on the other hand, looks at the anti-incumbent fever that has overtaken the developed world and wonders how the Democrats still have a chance.

Each question is the answer to the other. If the GOP had nominated someone other than Trump, the Democrats would be done and dusted, based on what has happened all over the world during the past year.