We are well on the "Road to Serfdom" . . . otherwise known as the shady side of Alexander Tytler's "Cycle of Democracy." Democrats celebrate in ignorance and Republicans similarly lament – not knowing that all Romney would have done is slow our rate of "travel" in the same direction. I doubt that even Ron Paul or Gary Johnson could have changed leviathan's direction – although I would like see them have a shot at it. Granted, the process would be more educational than political, in any practical sense.
I have long considered my third party presidential vote as a boycott of the two major parties. And I have never felt that it was "wasted."