There is a third party already, and it is the Democrats.
Paul Krugman:
Greg Sargent touches on a point I’ve been meaning to make; he does it in the context of third-party fantasies, but it’s true more broadly of calls for “centrism”. Namely, the hypothetical position self-proclaimed centrists want somebody to take — Michael Bloomberg, a chastened Obama, whatever — is almost always the position actually held by the Democratic party. But to seem “balanced”, the pundits involved have to ignore that inconvenient fact.
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