Greenspan Predicts Third Party -- Political Wire

Greenspan Predicts Third Party

The Wall Street Journal notes that in a recent speech former Fed Chairman Alan Greenspan described "the two American parties now as controlled by their extreme wings, even though the voting public is far more centrist... He described the leadership of the parties as 'bimodal', meaning clustered at the extreme ideological ends, whereas the voting public was 'monomodal', meaning clustered near the middle."

"Such situations, he said, create an opening for a third-party candidate who appeals to the center. That, he said, could prompt the candidates of the other two parties to move back to the center, for fear of losing. He said the U.S. political system makes it difficult for a third-party candidate to win."

February 27, 2006

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Taegan D. Goddard is the creator of Political Wire, a political column updated around the clock with the most interesting news, buzz and commentary.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

This is a personal site and does not necessarily reflect the views of any company, political campaign or advocacy group.

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