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It’s not the left rising. It’s the center falling.

The left has a vision. Do moderates? Astead Herndon digs in for the first edition of The Midterms, Actually.

Welcome to the first edition of The Midterms, Actually. Every week I’ll be writing about two things: one thing I’m thinking about — a big idea or trend I see forming across the 2026 primaries — and one thing I’m hearing, from a voice on the ground. You can sign up here to get it in your inbox every week. Let’s get into it.

There are two ways of looking at the current divides within the Democratic Party. The first — and more dominant — narrative is that the party’s left wing is on an upward march, one that began with New York City Mayor Zohran Mamdani’s election in 2025 and has continued through this year’s Democratic primary season.

The second, and I believe more accurate, explanation is that the party is rudderless — an ideological fight to be settled in the next presidential election — and that the left’s success in New York City, Colorado, and even Maine (before Graham Platner’s campaign collapsed) grows out of a void left by a bigger, less-talked-about story: an establishment in free fall, on the wrong side of fundamental shifts across its own rank-and-file base.

The Midterms, Actually

Astead W. Herndon’s weekly guide to the big ideas and key people behind the political shifts shaping the 2026 elections.

The difference between those interpretations is fine, but important. I don’t think the Democratic base agrees with every position articulated by successful left-wing candidates — like “all deportations are wrong” (as NYC’s Darializa Avila Chevalier told me) — or have suddenly become committed democratic socialists. But I do think the left is on the right side of the gateway issues the base is currently prioritizing: a working-class-led affordability agenda, a skepticism of artificial intelligence, and a moral opposition to President Donald Trump’s war against Iran and to Israel’s campaigns of violence in Lebanon and Gaza. Those issues, more than any others, have defined the Democratic Party’s internal battles since 2024.

Progressives have also benefited from a moderate wing that, in many cases, has yet to lay out an affirmative vision. After the signature policies of the Biden administration flopped as political motivators, the center has seemed frozen in time, unable to offer its own blueprint for the electorate’s concerns (“abundance” aside). When I sat down with Third Way president Jon Cowan, he had no trouble assailing Hasan Piker, Abdul El-Sayed, or any number of the party’s most prominent progressive figures. But when I asked whether Third........

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