The only sense in which this is true: the GOP are fascist, racist authoritarians who have waged a decades-long war on the middle and lower class; the Democrats aren't.
If you think the Democrats and GOP are equally bad, you're out of your mind.
For example, who wouldn't support anti-fascism? That morphed into "antifa" which became the source of all the worlds ills according to the orange goblin. Yet only a fascist could be afraid of anti-fascism.
Eliminating the electoral college would of course require amending the constitution, and of course GOP-led states will never be in favor of that, since they benefit from it, and most of the time have not / will not win the popular vote.
Because when hyperspaces of political positions are projected onto a one dimensional binary, to choose to form a new party guarantees that one half of the hyperspace loses for a generation until there is a full party realignment. It is game theoretically sub-optimal in the short and medium terms, and depending on the effectiveness of your opponents, the long term as well.
Politics is attractive to people with psychopathy. I'm not gonna say they're all that way, but a significant enough chunk of any political apparatus in the US is. If you want to have any chance of getting elected - much less having a real career - you have to play by the rules of those who see humans as means to ends and gamble that their opponents won't go as low to stop them.
But in the same regards, Democrats have a similar struggle. It's clear trust is also very low right now within the party and that some people would rather have a party more focused on socialists causes a la Bernie. But is that worth risking a blue wave through the 20's and part of the 30's ?
The other comments do a good job of explaining why an alternative party hasn't emerged, better than I probably can, so I'll skip that part. To some extent I do wish (and I gather you share the wish) that the US political system worked more like Europe's multi-party parliamentary democracies, relying on shifting, unstable coalitions rather than monolithic, monopolistic party machinery. On the other hand, I think it was Europe's parliamentary system that preceded, and produced, the Third Reich and other fascist regimes in the early 20th century.
In fact, I wonder whether two-party systems, like the US, on average produce worse outcomes than multi-party parliamentary systems. I'm not sure they do. But I also don't know enough about politics, political theory, or modern history to answer the question myself. I'm not even sure which other political systems are, or were, two party.
Edit:
On second thought, I'm not sure I agree at all with the other comments that explain why alternative parties haven't emerged. The comments all take for granted that there's a desire for an alternative but also that the alternative wouldn't be viable. I'm not sure there is such a desire. Most polls show that GOP voters approve of the party, if I'm not mistaken. So the answer to your question may be a lot grimmer than the one already offered here: there's no third party, very simply, because the overwhelming majority of GOP voters really do want a fascist regime.
On that note, this article is worth reading: https://www.vox.com/2016/3/1/11127424/trump-authoritarianism . It makes a great case against the materialist explanation of authoritarianism's rise in the US (i.e. the claim that Trump voters are angry about their worsening prospects, declining fortunes, and deteriorating communities, often related to the opioid epidemic). Instead, it explains support for authoritarianism as a result of disposition and psychology. That rings true to me. American authoritarians really do care about the things they say they care about -- above all, "woke" politics, transgender people in bathrooms, immigrants, Muslims, people of color receiving preferential (i.e. fair) treatment. They really are fighting a cultural and religious war, not struggling against unfair, challenging economic conditions. They really are just hateful.
They hate secular progressives and want to shut them out of the political process -- and want to brainwash their children.
They hate LGBTQ people and really do want to push them back into the closet -- and ideally wipe them out.
They hate people of color, or those who seek equality, and see nothing wrong with the disadvantages people of color face. Out of one corner of their mouths they'll scream about tradition, their pride in "their" country, and how hard their parents and their parents' parents worked -- and then out of the other corner of their mouths they'll reject that America's history of slavery, Jim Crow, racism, and the like have any continuing relevance or consequences for people of color.
They hate immigrants (or rather brown immigrants) and really do want to close the borders.
They're driven, in short, by a primitive xenophobia triggered by anything different from themselves -- which is why Fake Tan President is their God emperor. He's one of them.
I wouldn't apologize for this; GP was using "two sides of the same coin" in a way that is not mainstream. That phrase is usually used to say "even though these two things seem different, they're really the same thing".
(I like GP's use of that phrase better, to be honest, but that's not what it means.)
The two major parties stand for nothing and have no morals to guide them.
For example, Lincoln was a Republican and ended slavery. The new Republicans are now embracing racism and xenophobia. 180 flip.
> under Biden the value of future lives was increased a bit
Could you explain this?
One of those sides is milquetoast and piecemeal kowtows to corporate interests, but still generally belives in the rule of law. The other side has been busy making Nazi salutes and illegally giving complete read-write access to the entire government's payroll to random twentysomethings who work for a South African billionare.
There's no need for hyperbole. Trump is bad but there's been less than 100,000 Ukrainian deaths (troops and civilians combined) since the beginning of the war in 2022, let alone under his reign.
And today Trump blamed the Ukrainians for the war going on for that long, saying they could have stopped it three years ago.
The deaths are tragic. And no matter how many there are, Trump's actions will certainly make the number go up before it stops.
It's not hyperbole.