Myth #2: The U.S. Is Formally A Two-Party System
So why then does the US have two meta-coalitions instead of a multiplicity of little parties? I can eliminate one popular misconception right off the bat: There are no formal provisions for two parties in the US political system. (At least, none to speak of.)
The proof is simple: There are more than two parties in the US, something I daresay even most residents are only vaguely aware of. There's Reform, Green, Libertarian, and a handful of others. Clearly they are not banned from existing.