As Donald Trump flirts with an independent candidacy for president, one of the most enduring political myths of our time is returning to the surface.
Surely, you’ve encountered the claim recently – that Ross Perot’s third party bid in 1992 cost George H.W. Bush a second term and allowed Bill Clinton to win with a mere plurality of the vote. Typically, it’s invoked to underscore Trump’s potential to play spoiler next year, draining critical support from the Republican nominee. Once again, we are told, a Clinton may end up securing the White House by default.
But the comparison is bogus. Yes, Perot did rack up a significant share of the vote in 1992 – 19%, the best for an independent since Teddy Roosevelt in 1912. But there’s never been a shred of evidence that his support came disproportionately from Bush’s column, and there’s considerable evidence that it didn’t.
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Let’s start with the basics. Clinton was elected with 43% of the vote, to Bush’s 37.5%, a difference of nearly six million votes. To overtake Clinton in a two-way race, then, Bush would have needed to gain the lion’s share of the Perot vote, about two-thirds of it. But in the exit poll conducted on Election Day, just 38% of Perot’s backers said Bush was their second choice. Thirty-eight percent also said Clinton was. “The impact of Mr. Perot’s supporters on the campaign’s outcome,” wrote The New York Times, “appears to have been minimal.” The Washington Post’s conclusion: “Ross Perot’s presence on the 1992 presidential ballot did not change the outcome of the election.”
This is only part of the story. The Perot campaign was a soap opera-worthy saga that played out in multiple acts, and in each one there was no indication that he was disproportionately hurting Bush.
If anything, he started out as Bush’s ace in the hole. The Perot phenomenon kicked off on February 20, 1992, when the Dallas billionaire told CNN’s Larry King he would run for president if volunteers placed his name on the ballot in all 50 states. Perot had never before sought office, but he had folk hero status thanks to the daring rescue he’d engineered when some of his employees were trapped in Revolution-era Iran. That story was made into a movie, with Richard Crenna playing Perot.
A national grassroots mobilization ensued and Perot moved up in the polls – fast. By the late spring, he was running in first place. An ABC News/Washington Post poll in early June gave him 36% to Bush’s 30%, with Clinton back at 25%. Pundits teased the possibility of a deadlocked election being thrown to the U.S. House. Others wondered if Perot might just win outright. There had been serious independent candidacies in the recent past, like John Anderson in 1980 and George Wallace in 1968, but none had gained this kind of traction. It was a volatile and unprecedented situation.
But it was also clear at that moment that the main beneficiary of Perot’s rise was Bush, who was presiding over a dismal economy that only seemed to be worsening. That same ABC/Washington Post poll logged the president’s approval rating at just 35%. His rating for economic performance was even lower and unemployment was on the rise; it would spike to 7.8% by the middle of the year. In another June survey, only 33% of voters said Bush deserved a second term. Sixty-one percent said he didn’t. By every available metric, Bush was a profoundly vulnerable incumbent.
So Perot was doing him a huge favor: He was splitting the anti-Bush vote and cutting deeply into what should have been Clinton’s base. That ABC/Washington Post poll in early June found that among Democrats, Clinton was barely running ahead of Perot, 43% to 39%. Overall, 47% of Perot’s backers said Clinton was their second choice, compared to 31% for Bush. “[T]he poll suggests that Perot is now hurting Clinton much more than Bush,” the Post wrote.
This had to do with something that is often forgotten these days. The Bill Clinton of the spring of ’92 was regarded as a fatally damaged candidate who was doomed to lead his party to yet another national defeat. Against weak opposition, he’d endured a sex scandal and revelations of possible Vietnam draft-dodging to win the Democratic nomination. Already, Democrats had lost three consecutive national landslides and Republicans were widely thought to have a “lock” on the Electoral College. Clinton’s personal unfavorable rating was alarmingly high and the number of voters who called him dishonest was through the roof. Surely, even members of his own party had come to believe, the feared Republican attack machine would destroy him in the fall.
This was Act I of the Perot ’92 campaign: a stunning surge to the top fueled by voters who badly wanted Bush out but who also couldn’t stomach Clinton. This would also end up being Perot’s peak, because in Act II came a Clinton revival and a Perot crack-up.
You’ve probably seen the clip at some point, Bill Clinton sporting a pair of sunglasses and playing “Heartbreak Hotel” on his saxophone on Arsenio Hall’s late-night show. It was one of numerous moments that spring that prompted Americans to give the Democratic candidate a second look and to discover the warmth and charisma that is taken for granted these days. Clinton’s poll numbers improved and Democrats began returning home. At the same time, Perot was treated to intense media scrutiny that he’d never before encountered, and he didn’t hold up well. He also created controversy, like when he addressed the NAACP convention and referred to his audience as “you people.”
By the end of June, Clinton had the lead, which started to grow. A poll released on July 16 gave him 42%, with Bush at 30 and Perot far back with 20. That same day Perot, battered by negative coverage and furious with the media, called a press conference in Dallas and abruptly withdrew from the race. The Democrats were holding their convention that week and Perot said he now believed they had “revitalized” themselves under Clinton, who delivered his acceptance speech that night.








