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Clinton won the 1992 presidential election (43.0% of the vote) against Republican incumbent George H. W. Bush (37.4% of the vote) and billionaire populist Ross Perot, who ran as an independent (18.9% of the vote) on a platform focusing on domestic issues; a significant part of Clintons success was Bushs steep decline in public approval. Because Bushs approval ratings were in the 80% range during the Gulf War, he was described as unbeatable. However, when Bush compromised with Democrats in an attempt to lower Federal deficits, he reneged on his promise not to raise taxes, hurting his approval rating. Clinton repeatedly condemned Bush for making a promise he failed to keep.[31] By election time, the economy was souring and Bush saw his approval rating plummet to slightly over 40%.[31][32] Finally, conservatives were previously united by anti-communism, but with the end of the Cold War, the party lacked a uniting issue. When Pat Buchanan and Pat Robertson addressed Christian themes at the Republican National Convention, with Bush criticizing Democrats for omitting God from their platform, many moderates were alienated.

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