In an unsurprising yet unusual maneuver, the nonpartisan group No Labels has announced a decision by a group of “delegates” from around the country to move forward with a 2024 presidential ticket, despite having no discernible candidates lined up.

The political logic of this two-step process is pretty simple: The idea of a bipartisan “third option” has always been more popular than any actual ticket. A poll from Monmouth last summer showed support for such a ticket dropping by half when specific candidates (in that case, West Virginia senator Joe Manchin and former Utah governor Jon Huntsman, both No Labels leaders) were identified.