Several other factors were key in his defeat, including siding with Congressional Democrats in 1990 to raise taxes despite his famous "Read my lips: No new taxes" pledge not to institute any new taxes. In doing so, Bush alienated many members of his conservative and libertarian base, losing their support for his re-election. The largest factor, which is the main reason Bill Clinton defeated Bush in the 1992 election, was the candidacy of Ross Perot. Perot won 19% of the popular vote, and Clinton, still a largely unknown quantity in American politics, was able to win the election due to Perot splitting the Republican vote in many states. | Several other factors were key in his defeat, including siding with Congressional Democrats in 1990 to raise taxes despite his famous "Read my lips: No new taxes" pledge not to institute any new taxes. In doing so, Bush alienated many members of his conservative and libertarian base, losing their support for his re-election. The largest factor, which is the main reason Bill Clinton defeated Bush in the 1992 election, was the candidacy of Ross Perot. Perot won 19% of the popular vote, and Clinton, still a largely unknown quantity in American politics, was able to win the election due to Perot splitting the Republican vote in many states. |