The fact that Taiwan's political parties have already gone through two power transfers is viewed as a model of democratic consolidation. Nevertheless, the second power transfer of 2008 was accompanied by a one-party monopoly along with weak opposition forces. Looking back at the DPP's electoral performance during these past years and the meaning of the two political party power transfers, this essay gives a positive outlook on democratic consolidation after the 2008 election. This essay also proves that the loss of balance and the one-party monopoly is a result of a conjuncture between the KMT and the DPP. However, concerning the external conditions for Taiwan's democracy-including Taiwan's development of sovereignty-this essay takes a negative view. In summary, Taiwan's democracy has suffered a regression of twenty years, not in terms of Taiwan's internal democratic system, but rather in terms of the external conditions for Taiwan's sovereignty.