Let me share some reactions to Saturday’s surreal and horrifying attempted assassination of Donald Trump. The first is that so much about Trump and the whole world he has brought into being is bombast and fakery. So much about Trump’s world is carried over from the world of professional wrestling, the bombast and taunts, histrionic and willfully over-the-top presentation, the play-acting. Friends become enemies and then friends again. There is high-tension falling out and then making back up. And at it’s core the whole thing is fake. It’s all one big reality show.

But this was not fake. This was as real and grave as it gets. A deranged kid — it really seems to me this guy may not have had any recognizable politics, though we might find that he did — came within an inch of assassinating Trump on live TV. Beyond the personal tragedy and the grave wound to our whole political system, it is difficult and terrifying to imagine what that act would have unleashed. And by the merest luck it didn’t happen.

Yesterday I heard from TPM Reader GZ in response to the Backchannel email newsletter. (I always encourage you to write to me. You can do so simply by replying to my newsletter. Comes right to my personal inbox.) “Even though you aren’t saying Joe should drop out you are participating in the fun of talking about it,” he wrote. “Giving air to negativity.”

I think a lot of people are having fun with this. Many of the most prominent journalistic voices. But I felt the need to correct the misapprehension. “If you think I’m participating in any fun you gravely mistake my thoughts and profound anguish over this … The last two weeks have been pure agony,” I wrote. As I went on to explain, I don’t get into my personal experience of any of this because it’s simply not relevant to what I’m writing. But I took both sides of this exchange as examples of the toll this extended and seemingly frozen crisis has had on so many people.

Today I have been corresponding with a number of readers about, well … what’s happening? Like, some want this and some want that. But everyone is wondering wtf is happening or, to put it more specifically, why the whole thing hasn’t been decided yet.

Just in the last hour or two there was a rush of new articles which report that top people in the Biden campaign either think Biden won’t be able to hold on or that he has no path to victory, etc. In a way, these are all versions of the same thing, or one inevitably relies on the other. I think the real issue is that a presidential candidate simply can’t lose the confidence of his or her congressional party. Why that happens or whether it’s fair doesn’t really matter after a certain point. Or rather it doesn’t matter in an operative way. And it does appear we are either at that point or near to it.

There are two additional points I want to note. They may seem contradictory and they are at least in tension. But I think they’re both true.

When we collectively wrestle with a situation like the one Democrats are now grappling with, it is important to remember that multiple things can be true at once. I’ve spent most of the day thinking that Joe Biden has very much not ended this “drop out” question — which I kind of thought he had by Monday evening — and thinking that withdrawing in favor of Kamala Harris may be the least worst bad option available. But there are a couple dynamics I want to mention that are helpful to think about.

One issue I’ve written about is the disjuncture here between elite responses to this political tornado and the responses of ordinary voters. This turns out not to be specific enough. All of the information I’ve gotten on this is anecdotal. But some anecdotes are better and more valuable than others. It seems clear to me that quite a few ordinary Democratic voters want Biden to step aside. I’ve published some of their emails below. I really have no idea what the relative percentages are. But it’s certainly not like the Clinton-Lewinsky scandal where DC political elites rapidly developed an iron consensus that Clinton had to resign and then realized that there was an angry and large majority of regular Democrats saying absolutely f—king not.

I am going to try to write a few pieces today and tomorrow taking stock of the truly unprecedented and almost unimaginable standoff that is not so much wracking the Democratic Party as simply holding it in place, in limbo, for more than a week now. But before doing that I thought it was important to share some general thoughts on where we are with all of this. First I must say that I can’t think of many other or perhaps any political situation I’ve written about at TPM over decades that was more difficult for me to make sense of, either as a matter of what is happening or will happen, or what should happen. I’ve been mainly focused on the first question.

For the second half of last week I was basically certain that Joe Biden would be forced to end his candidacy and that it was simply a matter of time before he did so. Then, starting Saturday, things seemed to shift. These things work in waves. For any politician the best way to avoid being forced to resign (and here I’ll use “resign” as a proxy for Biden ending his candidacy, not actually resigning the presidency) is simply not to resign. It’s one of those truisms that contains more depth and nuance than one at first realizes.

This may seem like a minor point. But I thought it’s worth saying because I have seen a minor rearguard argument to this effect: that the SCOTUS immunity decision doesn’t actually change any laws, doesn’t change what a president can and can’t do. It simply removes the possibility in many or most cases for post-presidency prosecution, something which has actually never happened in American history until last year. This is notionally a good point, but in a purely notional way. It’s true as applied to presidents who didn’t need this kind of hammer hanging over them. All of us are constantly through every day abiding by laws even though we’ve never been prosecuted — or at least most of you, maybe some have been prosecuted before — for breaking a criminal law. We report all our income on our taxes; we don’t fraudulently sign documents; we don’t steal from the store. Most of us act that way just because it’s the right thing to do, though most of us have been tempted at the margins. But laws work in complicated ways. Much of our understanding of what is the right thing to do is in fact conditioned by the laws themselves. As we’ve noted before, laws and prosecutions are not only to keep people in line and punish wrongdoers. They are how societies speak to themselves about what is acceptable and what is not.

A TPM Reader wrote in this morning asking if it’s just grasping at straws to make a big push to put not just yesterday’s ruling but the Court itself at the center of the campaign. Is trying to change the subject in that way crazy? What I said was, not at all. Obviously, wanting to focus attention on something doesn’t mean you’ll succeed. And for those ready to pounce: No, this is irrespective of who is at the top of the Democratic ticket. The obvious fact is that any day Democrats are talking about Joe Biden’s age is a wasted, lost day. What’s more relevant is that this is not and would not be changing the subject. It is the subject. It’s the actual subject that the campaign and election are about.

As with my last post, a few thoughts not organized into a single argument but presented as a list of items.

• On the question of Biden dropping out, I hear people say, “surely there’s another leading Democrat who is up to this challenge?” Or, “how can it be there’s no way to do this?” Or, to me personally, “why can’t you see that this is the obvious thing to do?” The best way I can answer this is to say that my assumption is that switching candidates now is the equivalent of pricing in 10 or 20 debate-night disasters. That doesn’t include how the next person does. I mean the simple act of making the switch. I’m not asking you to believe that’s true for the moment. Maybe you disagree and that’s fine. But if you’re trying to understand my reasoning, that is a significant part of what it’s based on. Needless to say, you need to be certain the current plan is hopeless and that person X is going to really knock it out of the park if you make the switch. Again, I have my own assumptions and theories that get me to this conclusion. I note it here just to give you a sense of why, while I’m not ruling anything out, I’m still very skeptical about a switch.

A few thoughts on last night’s debate and the fallout, presented as a series of items.

• Last night really sucked. Someone said to me that it brought back feelings of déjà vu about election night 2016. You’re sitting there and the thing you were afraid of but didn’t think was actually possible is happening. And you can blink your eyes and it doesn’t stop happening. I had that same feeling. I’ve had various people write in and say, “You don’t get it, Josh,” in response to things I wrote last night or said on the pod — “It was physically uncomfortable for me to watch.” “I was horrified.” “I wanted to throw up.” All I can say to this is, it was really, really unpleasant for me, too. I just don’t talk or write that way. It royally sucked.

Let me share a few thoughts on tonight’s debate.

Needless to say, we will be providing live coverage of tonight’s debate and commentary and discussion afterwards. Depending on how everything shakes out, we may record a quick instapod version of The Josh Marshall Podcast Featuring Kate Riga to discuss our initial reactions.

In the old days, when we had two more or less professional politicians debating each other, the debates had a certain degree of predictability. There might be gaffes or gotcha moments. But the room for really big surprises was limited. That’s not where we are anymore. Now we have one candidate, Trump, who knows no bounds and will try to do everything he can to disrupt the proceedings or throw the other participants back on their heels. He brings his pro-wrestling mentality right onto the stage. Meanwhile, Democrats go into these affairs in spite of themselves terrified that Biden will have some gaffe or senior moment that will send his campaign into a terminal tailspin. Both of these factors together create a feeling of maximal unpredictability and tension — and moments like that are Donald Trump’s happy place.