The Republican party is far from dead. Just look at their control of Governorships, state legislatures, and local municipalities. I'm not saying that the party won't change. I could very well imagine a split between the religious elements, the conservative elements, and the moderate elements of the party. There are many Republicans that are fiscal and social conservatives but not very religious. I can't see things ending up as multi-party because the politics in the USA are really only set up for two big parties.
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