If they had as much intelligence as they think they do, they'd ask one simple question. "What did Clinton do to win two terms"? Answer: He co-opted the Republican platform. That obviously wouldn't work again, so they fell back to the liberal platform that they hold in their hearts. If they want a future as a national party, they should co-opt the Libertarian platform.
The only problem for them is, if they ENACT the libertarian platform, they legislate themselves out of existence.