The MDC editor is whack. Please revert it or just generate a template

Correct! Thanks for the tip, @msfeldstein. I updated my user settings with these changes, and now it works perfectly.

...
  "workbench.editorAssociations": {
    "*.mdc": "default"
  },
  "files.associations": {
    "*.mdc": "markdown"
  }
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