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Notes -
Oh wow, this explanation does make a lot of sense but has some pretty grim implications for politics if true. The hot dog stand metaphor works when they're selling identical or fungible items, with identical signage/operation and so on. But if there is any difference, people will begin to prefer the slightly better one or the one that fits their needs slightly better. But the major thing that always got me the most confused about the resiliency of the two party situation is that political ideas and policies are not completely identical, or even really fungible, so at some point the underlying ideas and policies of the better team should win out. But since we've seen decades of this not the case it leads me to consider that, like @cjet79 implies below, there are fewer differences between the political parties than we're led to believe.
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