You're right I have my timeline all mixed up when it comes to this show.
Still don't like Kennedy's chances in '72 given other events and the fact Nixon will have a lot of runway to move the ball forward on the moon while making it a major national security issue that a Democratic congress & prior admin had screwed up for years (that he only had a few months in office to turn around before the first landing). Nixon won in 1972 because his Vietnamization policy was working (and he would get the Paris Peace Accords signed 3 days after his second inauguration...short of a similar policy a D President likely won't get anyone to the table and the mainstream did not want a Humphrey style plan to end the war at the time) and his focus on crime after the turbulent Johnson administration would make it hard for most Democrats (especially ones who never had an executive elected office) to prove themselves at least to be safe candidates when it comes to "Law & Order".
Kennedy (and establishment) could likely get the even less charismatic Humphrey out and Jackson as well (viewed as the moderate sane choice). McGovern might bow out as well, but also might force Kennedy further to the left beyond what is comfortable for the mainstream (especially for Southern voters and non-urban). Wallace could easily cripple Kennedy in the primaries (and debates) given in that era the South was a Democratic stronghold that they almost had to win to carry national elections. It's one of the big reasons Carter was picked for 76. In 72, Nixon has some popularity (with people who vote;-) and has a huge war chest.
Ugh, thinking about it Nixon was also not afraid to use his oppo research either. Between Wallace and Nixon, Kennedy may be too damaged to run again in 76 if he loses in 72. He might not have a 'waitress sandwich' story at the time but he was unbelievably reckless so there might be something that just wouldn't fly with the national public (that would normally be happily be smothered by Massachusetts\Beltway press...but with Nixon actively pushing his skeletons into the national arena...). Heh...interesting thought exercise at least.
The show gives us Nixon himself laying out how the Dems spin the space situation. “They’ll say Kennedy (JFK) started it; Johnson ran it down the field; and Nixon fumbled it at the ten yard line.” People care less about lengthy history lessons than what politicians have done for them lately, and when it comes to space all they know in ‘72 is GOP failure. And if anyone does go for history, you could easily say Ike dropped the ball to start and only through an effort by the Dems did we even have a fighting chance.
On Vietnam, recall the war is already done, conceded. GOP has to push that issue uphill to spin it as a victory when the military (and Nixon’s famed Middle America) is likely pissed at them for cutting and running.
I doubt Teddy’s running on law and order, but with two big policy stumbles (space and Vietnam) plus the emerging stench of crime and corruption from Watergate, it’s not exactly gonna be winning many news cycles for Nixon. Not a tent pole issue for most voters given current events.
Unlikely Teddy’s forced to the left. With no Vietnam the wind is out of the movement’s sails, he more likely tacks center. No percentage in going left, and no reason to go after McGovern’s coalition, which he’d fend off pretty handily, I reckon.
A Wallace third party run is probably good for Kennedy. A weaker Nixon means more southern conservatives go for Wallace who tried Nixon in ‘68. You likely get a more even split, leaving Teddy to scrape through with the non-conservative plurality.
But I doubt he needs it, with Nixon’s strengths largely neutralized and his weaknesses on the marquee. It’s Teddy’s to lose. Even if your opinion on his charisma comes across in the news of the day, the story is, “we’ve got two dullards and a charismatic racist to choose between.”
As for ‘76, the show indeed explored the possibility that Teddy wouldn’t be selected by the party to run again. But I believe it ultimately went in his favor and he lost in a squeaker to Reagan.