This was the worst week for Democrats since Donald Trump’s election-night shocker of 2016.

Why it matters: In less than 200 hours, Democrats botched Iowa, watched Trump hit an all-time popularity high, debated ousting the DNC chair, and watched a socialist soar and an ideological civil war intensify.

Axios' Margaret Talev reports from New Hampshire that amid real enthusiasm at candidate rallies, there's an underlying unease about unifying the party enough to get the kind of turnout needed to win in November.

What we're hearing: There's a new fatalism in my conversations with Democrats, with many telling me that what once seemed unthinkable — Trump's re-election in November — is now starting to look more likely than ever.

In a CNN segment this morning that included Friday's rosy economic statistics, a graphic asked: "IS TRUMP'S RE-ELECTION PATH WIDENING?"

this morning that included Friday's rosy economic statistics, a graphic asked: "IS TRUMP'S RE-ELECTION PATH WIDENING?" This is all the more galling to Democrats because they believe he truly sees himself "above the law," as House Intelligence Chairman Adam Schiff tweeted Friday night, after Trump's impeachment acquittal.

Reality check: A New York Times live fact-check blog on Trump's State of the Union address on Tuesday came up with 8 statements labeled "misleading," 7 "lacks"/"needs context," 6 "false," 5 "true," 4 'exaggerated," 3 "mostly true," 2 "partly true," 1 "weighted but mostly true" and 1 "lacks evidence."

The entries became shorthand for how Democrats see the presidency.

Between the lines: Talk to well-wired Republicans and they'll tell you Trump is fully capable of self-sabotage — that enough exhausted voters will finally say: "Just make it stop." But here's why Dems are apoplectic about the terrain:

In the Gallup poll this week that put Trump at 49% approval, a record for his presidency, just 1% had no opinion — leaving few persuadables.

this week that put Trump at 49% approval, a record for his presidency, just 1% had no opinion — leaving few persuadables. Whoever is ultimately nominated will start in a tremendous hole against a Trump campaign has been relentlessly organized and optimized over the past three years. Axios' Sara Fischer has documented how the Trump campaign is mastering Facebook and Google ads.

will start in a tremendous hole against a Trump campaign has been relentlessly organized and optimized over the past three years. Axios' Sara Fischer has documented how the Trump campaign is mastering Facebook and Google ads. The constant Trump rallies serve as an ongoing dry run for Election Day, with eye-popping metrics.

What's next: Recriminations over the botched count of the Iowa caucuses are continuing into a second week. Rep. James Clyburn, the highest-ranking African American in the House, told C-SPAN "Newsmakers" (via AP):

"There are some serious discussions taking place here on Capitol Hill as to what ought to happen at the DNC."

taking place here on Capitol Hill as to what ought to happen at the DNC." Asked whether DNC chair Tom Perez must go, Clyburn said: "That's a decision for him."

P.S. Changing tides: