The Third-Party Myth
But in reality, third-parties only thrive when there's a political vacuum to be filled. Despite being a nominal independent, Bloomberg's views aren't much different than your average Democrat. Walker's stand on entitlement reform is embraced by many of the leading Republican pols, led by House Budget Chairman Paul Ryan.
But it's that mix of social conservatism with economic populism that doesn't get as much of a hearing as it should, based on Americans' political views. As my colleague Ron Brownstein noted in his column last week "each side's electoral coalition is now bound together far more by shared cultural values than by common economic interests."
That means Republicans, increasingly dependent on the support of blue-collar voters, are campaigning on cuts to popular entitlement programs that may rankle some of the GOP rank-and-file. And it means that Democrats can't effectively win over these voters with populist appeals because the party's views on litmus test cultural issues, like immigration and abortion, are well out of step with their personal beliefs.
That's why former Virginia Rep. Virgil Goode's third-party presidential candidacy should be receiving more attention. The Democrat-turned-Republican congressman is campaigning on a platform of reducing immigration (legal and illegal), protecting Social Security and Medicare and balancing the budget immediately.
The media tend to think that the impetus for third-party candidates comes from Americans who are just plain sick of politics-as-usual and want a truth-teller to come in and shake things up. Hence, the regular Bloomberg boomlet in certain circles. In reality, the greatest demand for a third-party candidate would come from the voters whose views are most out of line with the political establishment and most newspaper editorial boards.

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