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In popular usage, a somewhat vague, broad variant of the traditional economic-based ideology, that describes the policies of the Democrats as redefined by Bill Clinton. In broad terms, it is the less [progressive], right-leaning version that caters to corporate donors, to replace the funding lost when Reagan [decimated] the trade unions, the traditional mainstay of campaign finance to the [Democrat Party]. Roughly, synonymous with "Third Way" ("a position akin to centrism that tries to reconcile right-wing and left-wing politics by advocating a varying synthesis of center-right and centrist economic platforms with some center-left social policies").
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