Impeaching Trump now = conceding the 2020 election.

That's my working theory. I don't know if the Democrats in Congress will go so far as to impeach Trump, but I tend to think that if they do, it will be because they think they're going to lose the election and they need another route toward defeating Trump.

Of course, if Trump is impeached by the Democrats who have a majority in the House, he will not be removed from office, because the Republicans control the Senate. We'll be subjected to a horrific blend of legal mystification and political advantage seeking.

So why would the Democrats predict that it will advantage them? My answer is: because they feel sure they're losing the actual election, the straightforward political fight.

The timing is important. They could wait for the actual election, the normal process of American democracy, or — if they think that won't work — they can start delegitimatizing it now, while they think they have a decent shot at making us believe they're doing something righteous and noble. If they wait too long, the con will become more obvious.

Now, I'm going to read the Daniel W. Drezner column, "The strategic case for impeaching President Trump/Welcome to some zero-sum game theory" (WaPo), which I think may say something like what I wanted to jot down before being influenced:
Pelosi thinks that impeachment needs to be a bipartisan process, and without GOP support impeachment is a hollow threat that would harm Democrats in 2020....
So, as long the Democrats think they can win the actual election, they shouldn't hurt their chances by going for impeachment.
For most of 2019, Pelosi had put the brakes on impeachment. The Ukraine business seems to have tipped the scales, however.... The problem is that Pelosi’s risk-averse political calculus at the start of 2019 has not necessarily changed. Very few Senate Republicans beyond Mitt Romney have said anything about the recent revelations. It is entirely possible that impeachment will be viewed as simply an exercise in partisan politics.
And it's entirely certain that impeachment will be viewed as partly an exercise in partisan politics. And 80% likely that it will be viewed as mostly an exercise in partisan politics.

Drezner offers game theory analysis:
In zero-sum games, one actor’s gain is always the other actor’s loss. The optimal strategy to pursue in this instance is called “minimax.” A minimax strategy anticipates that the other actor will adopt the most punishing strategy possible — and, in response to that strategy, takes the course of action that minimizes the damage....

It is safe to assume that Trump will continue to abuse the powers of the presidency as long as he is in office.... Would impeachment stop any of that? No, not directly. What it would do, however, is distract the heck out of him....  [H]e will obsess about it... He will rant to his... 
He's inept and dangerous, so let's make his job twice as hard. You know, we are dependent on him to do his job well. I have never accepted the effort to distract and confuse him, which has gone on since before he took office. And why don't people see that the endless screwing with him energizes him? He's very creative at repurposing negativity. He seems to revel in the fight. And to many Americans, that's exciting entertainment, and they feel they're cheering the underdog.
He loves a fight.
Yeah, I agree with that. But Drezner stops at thinking Trump will be distracted and imagines this will help the country because distracted Trump won't pay so much attention to doing his job as President.

That's how Drezner wants the Democrats to help?! First, that's a disgusting approach to running the country, and it's utter disrespect for the people who used their normal democratic power of voting him into office. And second, the Democrats will be distracting themselves from what they really need to be doing — winning the 2020 election.

Which is why my working theory makes more sense. The Democrats would be deciding that they won't win the 2020 election — an affront to democracy.

I'm sticking to my theory, which — it turned out — isn't anything like what Drezner had to say.

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