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The idea that Perot could have lived up to his pre-dropping out polling is probably a fantasy. Perot wasn't the kind of universally popular figure who just might win in the context of an independent campaign.
However his dropping out and claiming Bush had the CIA try to ruin his daughter's wedding probably damaged his campaign to some extent.
Assuming none of that happens how would the 1992 election turn out? Even assuming Perot's polling was inflated no drop out might well alter the dynamic of the race by increasing Perot's support on the margins and preventing Clinton from having an opportunity to establish and solidify his lead over President Bush
If I recall what I've read about polling in 1992 Clinton's lead really developed in the period after Perot dropped out-during and after the convention. Unpopular as Bush was-early on Clinton was third behind Perot and Bush. If that's accurate Perot could make Clinton's work at obtaining the plurality of national support in that same period harder.
I also wonder if Perot had the potential to send the 1992 election to the House.
I don't think that Perot could win-but I also think there's a possibility that his erratic behavior reduced the amount of support he received or at least had some impact on the margins of the outcome.
If Perot doesn't drop out-how does the outcome change in November?