What the if rule for two terms for presidents was never created in 1947?

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What if rule for two terms for presidents was never created in 1947, which presidents would be reelected, and how would change the second half of the twentieth century and early twenty first century?
 
I think the most interesting question is whether Reagan would have been run in 1988. He would not have had the capacity but would that have stopped his managers? Could they have resisted the pressure from the Party?
 
There would still be the unofficial two-term limit (or two consecutive terms anyway). FDR only broke that due to WWII. I honestly think it wouldn't change anything. Of the OTL two-termers who could have conceivably run for a third term:

- Eisenhower would respect the unofficial precedent.
- Reagan wouldn't because of his health.
- Clinton conceivably could (and might actually want to), but I doubt it. He's the most likely case though.
- Bush would be too unpopular.
- Obama conceivably could, but he almost certainly wouldn't want to.
 
I think the most interesting question is whether Reagan would have been run in 1988. He would not have had the capacity but would that have stopped his managers? Could they have resisted the pressure from the Party?

If Reagan’s managers manage to prop him up for a third term, you can count on the 25th Amendment being invoked during his 3rd term and the public’s trust in the GOP eroding severely. Bush was ineffective, weak, clumsy, etc. but he didn’t have a reputation for being dishonest until the Clinton campaign shredded him for “no new taxes.” If the public finds out that the GOP propped up Reagan almost as a Weekend at Bernie’s measure, you might as well take any goodwill the GOP had in the 1990s and flush it down the toilet.
 
There would still be the unofficial two-term limit (or two consecutive terms anyway). FDR only broke that due to WWII. I honestly think it wouldn't change anything. Of the OTL two-termers who could have conceivably run for a third term:

- Eisenhower would respect the unofficial precedent.
- Reagan wouldn't because of his health.
- Clinton conceivably could (and might actually want to), but I doubt it. He's the most likely case though.
- Bush would be too unpopular.
- Obama conceivably could, but he almost certainly wouldn't want to.
FDR won a third term over a year before the U.S. entered WW2. Seems like a convenient excuse, if that was the justification
 
The main effect would be that the President would not be labeled as a "Lame Duck" immediately after winning re-election or after the sixth year mid-terms election and that could keep members of their own party in line, or if they are popular enough, force the opposition party to make deals to pass legislation.
 
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