In the 2002 presidential election, even without a split in the party, the left paid a heavypriceforits fragmentation: the far-right Jean-Marie Le Pen evicted Mr Jospin in the first round.
For evidence, take a look at what happened after Massachusetts instituted heavy-handed price controls under its state health reform law considered by the White House to be a model for ObamaCare.
The Vice Chairman of the Joint Economic Committee, Rep. Kevin Brady, is readying his Sound Dollar Act, redirecting the Fed from its discretionary activism not calling for the gold standard but with a heavy deference to the price of gold for a fast start in the next Congress.