???
In '92, all the big names on the Democrat side stayed out, expecting Bush to win a second term. Clinton was governor of ARKANSAS, for crying out loud, not a state expected to be a jumping off spot for ... well, anything, really.
He did so well in the campaign, and then as President that he seems far, FAR more likely in hindsight than he ever was in prospect.
If he runs, he loses. First in the primaries, then (if he joins the ticket as VP candidate, say), to Bush in the General election.
A good run COULD position him for '92, but maybe he'd stay out like Cuomo, etc., did....