The trouble is that the Worst Generation is in charge. A new party could change things but those changes would start locally and take (in my opinion) ten years before they even made it to the national scene. (Lower property taxes, doing away with affirmative action & breaking the grip of the cities over the rural taxpayers). The Worst Generation can’t think beyond a one hour sitcom much less ten years.
I really don’t see much hope until: The tax rates get so bad that their is a general strike or the government does something outrageous and savage to many people at once.
In many ways, I prefer the baby boomers. Income taxes are lower, the economy is in many ways freer, and life is much less provincial. Remember also that affirmative action was given to us by the WWII generation, not the boomers.