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They are not dead yet, but they are dying off and they know it. There was an article a few months back that talked about how the Latino and black populations in this country will increases 300-400% over the next 12-15 years. During that same time the white population will stay around the same. Almost all blacks and Latinos vote democrat so the democrats are going to see their base triple or quadruple in size while the republican base stays about the same.
This doesn't mean republicans won't win elections. they can still win the white house because that race eventually comes down to the person for a lot of people, not the party. But it will get harder and harder for the republicans to win a majority in the house or senate.
If the democrats figure out a way to help make the 30+ million illegals in this country legal (which ultimately is their goal) they can add those people to the base as well.
We are seeing the republican party try to reach out to these people, but I don't think it is because they have a genuine interest in bringing them into the fold, the simply need their votes or they could see their party as they know become one that has little power in this country.
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