If anything, I was surprised by how the results in Virginia fell pretty neatly into the big, macro patterns we’re used to! Everyone is looking for reasons that Youngkin won — when, as we’ve been discussing, if you look at the fundamentals, that’s exactly what you’d expect to happen. So, I guess my wet-blanket take is that even at a time when everything feels unpredictable, we shouldn’t write off the extent to which American politics is pretty cyclical and predictable.
