Even if the Democratic Party faithful weren’t afflicted by a chronic case of collective bipolar disorder, their wild-eyed oscillation between mania and depression is easy to understand given the welter of recent headlines. Until just shy of three weeks ago, everything seemed to be going their way: Donald Trump’s poll numbers were cratering due to a lethal combination of high and rising prices, broad disapproval of his war in Iran, his obsession with building a $1.4 billion White House ballroom, and an array of other beyond-bonkers fixations. Add to that Democrats’ consistent and dramatic over-performance in special and off-year elections since Trump 2.0 began, plus Team Blue’s apparent ability to fight their rivals to a draw—or even come out slightly ahead—in the mid-decade redistricting wars.