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Another plus: to the extent a President needs to persuade Congress and the public to take tough medicine (Perot's point), and of the need not to kill the golden goose (Bush's), Bush and Perot have helped lay the groundwork. We certainly don't need to "pay off the debt," as Perot keeps saying. It's no more unhealthy for the U.S. to have debt than for a family to have a mortgage or a business to have bank loans. But we do have to trim the deficit soon, so the debt begins growing slower than the economy...

Author: /time Magazine | Title: Money Angles: How to Invest In a Clinton Win | 11/2/1992 | See Source »

Both major candidates have good reason to be wary, because somewhere in his 17th-floor aerie in a North Dallas office building is Ross Perot, whose potential impact on the 1992 race is still unclear. Generally written off when he re-entered the campaign on Oct. 1, Perot profited from his three blunt, engaging debate performances and his well-received, 30-minute TV commercials. Holding his public appearances and press conferences to a minimum, Perot has nonetheless seen his ratings climb from single digits into figures that in such states as New Mexico, Arizona, Arkansas and California approach those...

Author: /time Magazine | Title: Rolling Into Uncharted Territory | 11/2/1992 | See Source »

...campaign headed into its final week, enlivened by Ross Perot's late re-entry into the race and a nine-day, four-debate marathon, the nation's pollsters were scrambling to take the final readings of an electorate that seemed hungry for change. The findings, while contradictory in some specifics, pointed toward more suspense than Clinton might like -- but less than Bush needs to score a historic upset on Nov. 3. Perot, by contrast, continued to bedevil both the major-party candidates and the pundits, who regularly discount...

Author: /time Magazine | Title: The Fat Lady Hasn't Quite Sung | 11/2/1992 | See Source »

...reason is that Bush's attacks on his character and credibility have reinforced the existing impression of the Arkansan as a slick equivocator. In a TIME/CNN survey taken last week, Clinton's advantage was down to seven points among registered voters (38%, vs. 31% for Bush and 17% for Perot). A month earlier, his margin had been 13 points. When "leaners" who have not quite made up their minds are added to the mix, Clinton's margin rises to eight (41%, compared with 33% for Bush and 19% for Perot). In a smaller TIME/CNN sampling, designed to focus on those...

Author: /time Magazine | Title: The Fat Lady Hasn't Quite Sung | 11/2/1992 | See Source »

...Bush has benefited little from the shift as independents moved, perhaps temporarily, to Perot. Voters still see the President's economic policies as failed and have no confidence in his ability to produce prosperity. Only 35% approved of his performance as President; just 23% said he has done well in dealing with the economy...

Author: /time Magazine | Title: The Fat Lady Hasn't Quite Sung | 11/2/1992 | See Source »

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