The "third way" is technically Nazi propaganda but its exact wording was invented by Benito Mussolini who termed Fascism the "third way" from Capitalism or Socialism, I think that is what he said. It really does surprise me, knowing that for Liberals, anyone to the right of Stalin is a "fascist."
Actually I knew that. I always think of it as Nazi propaganda though because I saw a Nazi prison camp movie (like "The Great Escape" or "Stalag 17" though I don't think it was either of those) in which the prison guard talked to an American prisoner who said something along the lines that the Nazis weren't like the evil Communists who didn't believe in private property or the evil American capitalist who were owned by the corporatist and Jews. No, the Nazis were the "good" people who had a third way. When I saw Clinton first use those words I figured he must have seen the movie because he used almost the exact same words and emphasized them the same way.