Mike Pesca

2020, another vote against election.

2022 is the weird one.

where it was mostly an electorate that wanted to put a check on Biden, but you had an awful sort of slate of Republican candidates that minimized the gains that they should have made.

And now it gave some false hope to Joe Biden.

You had a Biden White House that totally misinterpreted what happened in 2022 and fully not appreciating that that was just a case of really bad behavior.

really bad Republican primary outcomes.

But it wasn't as if the country was saying, no, no, no, no, no.

We want more Biden cowbell.

That was not what 2022 was about.

And of course, now we know 2024 was a vote against election.

So here we are again, after one year of Trump, where he had an opportunity

And I would argue he had a you know, he you know, no honeymoon periods very long anymore in American politics, the way our information ecosystem works.

But he had a good three months and Liberation Day in April just destroyed any hope he had.

And he's been he's not really recovered from that moment yet.

Even the good economic news that he gets, like the recent news about the GDP over the summer, when you look at the details, you realize, oh, most Americans aren't benefiting from that expanded GDP.

It is really about the investments in AI.

So look, it certainly sets up what appears to be another vote against election, which we could argue now this will be

We're going to hit what is nearly 20 years of this, right?

Our 18th year, sort of our, let's see here, 10, 12, 14, 16, 18, 20, 22, 24.

Be our ninth straight national election where basically the voters that decide who wins or loses.