Ron Paul presidential campaign, 1988
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The Ron Paul presidential campaign of 1988 began in early 1987 when former Congressman Ron Paul of
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announced his candidacy for the
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presidential nomination of the
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. He joined the
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after leaving the Republican Party over the
Reagan administration Ronald Reagan's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following a landslide victory over ...
's handling of the federal budget. He ran on a platform that included
non-interventionism Non-interventionism or non-intervention is a political philosophy or national foreign policy doctrine that opposes interference in the domestic politics and affairs of other countries but, in contrast to isolationism, is not necessarily opposed t ...
in foreign conflicts,
decriminalization Decriminalization or decriminalisation is the reclassification in law relating to certain acts or aspects of such to the effect that they are no longer considered a crime, including the removal of criminal penalties in relation to them. This reform ...
of illegal drugs on a federal level, a return to the
gold standard A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the l ...
, the abolition of the
Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...
and a reduction in all government spending. Paul defeated Native American activist
Russell Means Russell Charles Means (November 10, 1939 – October 22, 2012) was an Oglala Lakota activist for the rights of Native Americans, libertarian political activist, actor, musician, and writer. He became a prominent member of the American In ...
at the Libertarian Party's
National Convention The National Convention (french: link=no, Convention nationale) was the parliament of the Kingdom of France for one day and the French First Republic for the rest of its existence during the French Revolution, following the two-year Nationa ...
in
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to win the party's presidential nomination. Former Alaska State representative
Andre Marrou Andre Verne Marrou (; born December 4, 1938) is an American politician who was the third Libertarian elected to a state legislature with his election to the Alaska House of Representatives in 1984. He later served as the Libertarian Party's vic ...
was selected as his
running mate A running mate is a person running together with another person on a joint ticket during an election. The term is most often used in reference to the person in the subordinate position (such as the vice presidential candidate running with a pr ...
. After over a year of campaigning as the Libertarian Party nominee, Paul received very little media coverage and was excluded from presidential debates. On Election Day, he was on the ballot in 46 states and the District of Columbia, and finished in third place with approximately 0.5% of the vote, behind Democratic candidate
Michael Dukakis Michael Stanley Dukakis (; born November 3, 1933) is an American retired lawyer and politician who served as governor of Massachusetts from 1975 to 1979 and again from 1983 to 1991. He is the longest-serving governor in Massachusetts history a ...
and the winner
Vice President A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on ...
George H. W. Bush.


Background

Paul was elected to
Texas's 22nd congressional district Texas's 22nd congressional district of the United States House of Representatives covers a largely suburban south-central portion of the metropolitan area. The district includes the majority of Fort Bend County, including most of the cities of ...
as a Republican during a
special election A by-election, also known as a special election in the United States and the Philippines, a bye-election in Ireland, a bypoll in India, or a Zimni election (Urdu: ضمنی انتخاب, supplementary election) in Pakistan, is an election used to f ...
early in 1976, and he supported Ronald Reagan's presidential bid that year. Paul lost his bid for re-election in late 1976, but was elected back to the seat in 1978. During his time in office, Paul followed the political and economic principles of
laissez-faire ''Laissez-faire'' ( ; from french: laissez faire , ) is an economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies) deriving from special interest groups ...
advocate
Ludwig von Mises Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian School economist, historian, logician, and Sociology, sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberali ...
, and gained a reputation as Dr. No, voting against legislation he felt was unconstitutional. He also advanced legislation establishing
term limit A term limit is a legal restriction that limits the number of terms an officeholder may serve in a particular elected office. When term limits are found in presidential and semi-presidential systems they act as a method of curbing the potenti ...
s for Congressmen, and opposed any implementation of a
military draft Conscription (also called the draft in the United States) is the state-mandated enlistment of people in a national service, mainly a military service. Conscription dates back to antiquity and it continues in some countries to the present day und ...
. After serving four terms in the U.S. House of Representatives, Paul vied for the 1984 Republican Party Senatorial nomination in Texas and gained a reputation as an adept fundraiser. He was defeated in the primary and returned to his practice of obstetrics and gynecology In January 1987, Paul officially left the Republican Party to run for the Libertarian Party nomination after becoming disillusioned by the spending policies of the Reagan administration and presumptive Republican presidential nominee George H.W. Bush. On leaving the party, Paul remarked: "Ronald Reagan has given us a deficit ten times greater than what we had with the Democrats. It didn't take more than a month after 1981, to realize there would be no changes." The Libertarian Party had courted Paul for the previous six years.Curtis, Tom
A Man for All Reasons
''
Texas Monthly ''Texas Monthly'' (stylized as ''TexasMonthly'') is a monthly American magazine headquartered in Downtown Austin, Texas. ''Texas Monthly'' was founded in 1973 by Michael R. Levy and has been published by Emmis Publishing, L.P. since 1998 and is ...
'', (Nov. 1987)


Campaign developments


Libertarian Party nomination campaign

Ron Paul announced his candidacy for the Libertarian Party's presidential nomination on February 16, 1987 during a party luncheon in
San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
. During his announcement speech, Paul commented that "Big government is running away with our freedom and our money, and the Republicans are just as much to blame as the Democrats." He later proclaimed himself as "a choice for freedom." According to Paul, Libertarian Party leaders notified him that there would be little opposition to his run at the party's September 1987 National convention. Paul campaigned for the nomination for the most part of 1987, traveling to numerous state conventions. He visited
Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
in April to discuss the Libertarian Party's platform with students from Penn State. Native American activist, and challenger to Paul,
Russell Means Russell Charles Means (November 10, 1939 – October 22, 2012) was an Oglala Lakota activist for the rights of Native Americans, libertarian political activist, actor, musician, and writer. He became a prominent member of the American In ...
of
South Dakota South Dakota (; Sioux: , ) is a U.S. state in the North Central region of the United States. It is also part of the Great Plains. South Dakota is named after the Lakota and Dakota Sioux Native American tribes, who comprise a large porti ...
also appeared at the event. Means had officially announced his Libertarian presidential nomination candidacy a day before Paul. While Means received heightened media attention for his comments regarding Native Americans and militancy, reports in the news media circulated that highlighted Paul's calls for the nation to return to the Gold Standard, and diminish the power of the Federal Reserve. Paul and Means were described as members of the right and left wing of the Libertarian Party, respectively. By June, Paul was appearing at speaking events with Libertarian vice presidential candidate Andre Marrou. Marrou had previously served as a Libertarian member of the
Alaska House of Representatives The Alaska State House of Representatives is the lower house in the Alaska Legislature, the state legislature of the U.S. state of Alaska. The House is composed of 40 members, each of whom represents a district of approximately 17,756 people per ...
. The pair campaigned side-by-side in
Idaho Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and Wyomi ...
where Paul remarked "that a Libertarian can win the
White House The White House is the official residence and workplace of the president of the United States. It is located at 1600 Pennsylvania Avenue NW in Washington, D.C., and has been the residence of every U.S. president since John Adams in ...
in the not-too-distant future." After that, Paul traveled west to address Libertarian Party officials in
Washington Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered o ...
and
Oregon Oregon () is a state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho. T ...
. By the end of the month, Paul had raised $200,000 for his campaign. As the convention approached, Paul was one of seven candidates vying for the party's nomination. However, he and Means were the only candidates mentioned in the press. Speculation that Marrou could be chosen as a compromise candidate also surrounded the event, at which 800 attendees were expected.


Libertarian National Convention

The Libertarian National Convention, formally called the Culture of Freedom Conference and Presidential Nominating Convention, was held from September 2–6 at the
Sheraton Hotel Sheraton Hotels and Resorts is an international semi-luxury hotel chain owned by Marriott International. As of June 30, 2020, Sheraton operates 446 hotels with 155,617 rooms globally, including locations in North America, Africa, Asia Pacific, Cen ...
in Seattle, Washington. His candidacy was seen as problematic because of the party's long support for freedom of choice on abortions. One of his opponents, Native American activist
Russell Means Russell Charles Means (November 10, 1939 – October 22, 2012) was an Oglala Lakota activist for the rights of Native Americans, libertarian political activist, actor, musician, and writer. He became a prominent member of the American In ...
, emphasized that he was pro-choice on the abortion issue. In a forum held prior to the nomination, Means dismissed the greater funds raised by Paul's campaign, commenting that Means was receiving "10 times more press" than the former Congressman and was therefore "100 times more effective." Another candidate expressed his desire to "put handcuffs on all
IRS The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax ...
agents." Paul was nominated on the first ballot with 196 of the 368 votes cast, with his closest opponent, Means, receiving 120 votes. He accepted the nomination and thanked the delegates with his wife, Carol, by his side. Alaska state legislator Andre Marrou, one of the party's few elected officeholders, was chosen as the vice presidential nominee.


General election campaign

Paul returned to the campaign trail and entered the General election stretch of the campaign a year ahead of the nominees for the two major parties. He traveled to universities held press conferences and filmed an eight-minute television advertisement, to be shown in small states and on cable television, to help spread his message. He focused on gaining enough support to win a place in the League of Women Voters-sponsored presidential debates.


Spreading the message

Paul held one of his numerous press conferences in Helena, Montana, where he pushed for the
Reagan administration Ronald Reagan's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following a landslide victory over ...
to balance the budget and cut spending and taxes. He argued that Reagan had reneged on his 1980 campaign promise to balance the budget, resulting in voter dissatisfaction. Paul stated that
Treasury Secretary The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...
James Baker James Addison Baker III (born April 28, 1930) is an American attorney, diplomat and statesman. A member of the Republican Party, he served as the 10th White House Chief of Staff and 67th United States Secretary of the Treasury under President ...
should be removed from his office for the administration's monetary policy. Paul was featured in the November 1987 issue of ''
Texas Monthly ''Texas Monthly'' (stylized as ''TexasMonthly'') is a monthly American magazine headquartered in Downtown Austin, Texas. ''Texas Monthly'' was founded in 1973 by Michael R. Levy and has been published by Emmis Publishing, L.P. since 1998 and is ...
''. The article compared the campaign to that of former U.S. Senator Eugene McCarthy, and made note of Paul's opposition to the
CIA The Central Intelligence Agency (CIA ), known informally as the Agency and historically as the Company, is a civilian foreign intelligence service of the federal government of the United States, officially tasked with gathering, processing, ...
's assistance of the Contras in
Nicaragua Nicaragua (; ), officially the Republic of Nicaragua (), is the largest country in Central America, bordered by Honduras to the north, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the west. Managua is the countr ...
. Journalist Tom Curtis described Paul's supporters as "a ragtag coalition of antiabortion activists, tax rebels, anti-war types, gold bugs and other anti-establishment, single issue voters." Curtis noted that Paul's monthly newsletter, ''The Ron Paul Investment Letter'' had 12,000 subscribers who paid an annual fee of $99. Paul traveled to Rome, Georgia and appeared at the downtown
Holiday Inn Holiday Inn is an American chain of hotels based in Atlanta, Georgia. and a brand of IHG Hotels & Resorts. The chain was founded in 1952 by Kemmons Wilson, who opened the first location in Memphis, Tennessee that year. The chain was a division ...
in November 1987. During the appearance, he railed against the policies of
Washington D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, Na ...
, commenting that there was no difference between the two major parties, and that both supported "intervention overseas, ... in our personal lives ... ndin the marketplace." Paul went on to compare his Libertarian ideology to the mindset of the
Founding Fathers of the United States The Founding Fathers of the United States, known simply as the Founding Fathers or Founders, were a group of late-18th-century American Revolution, American revolutionary leaders who United Colonies, united the Thirteen Colonies, oversaw the Am ...
. The next month, vice presidential nominee Andre Marrou traveled to Texas and discussed the Paul campaign's prospects. He opined that the ticket could possibly win 2 to 12 million votes in the following year's election, and that Paul might win if Jesse Jackson and
Pat Robertson Marion Gordon "Pat" Robertson (born March 22, 1930) is an American media mogul, religious broadcaster, political commentator, former presidential candidate, and former Southern Baptist minister. Robertson advocates a conservative Christian ...
were selected as the Democratic and Republican presidential nominees, respectively. He explained that America did not want a preacher as president. Since the chance that either of those candidates would be named as their party's representative seemed unlikely, by this point in the election one of the campaign's priorities was securing a place on the ballot, which they had done in 20 of the 50 states. In a 1988 interview with Alternative Views, Paul described in detail his views on the Council on Foreign Relations,
Trilateral Commission The Trilateral Commission is a nongovernmental international organization aimed at fostering closer cooperation between Japan, Western Europe and North America. It was founded in July 1973 principally by American banker and philanthropist David ...
,
Federal Reserve system The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...
, and the American power structure.


"Kamikaze" campaign

Paul arrived in North Florida for a campaign event in early January 1988, with ten months still remaining until the election. The event was chronicled by a journalist for the ''
Ocala Star-Banner Ocala ( ) is a city in and the county seat of Marion County within the northern region of Florida, United States. As of the 2020 United States Census, the city's population was 63,591, making it the 54th most populated city in Florida. Home to ...
'', who compared Paul to a
kamikaze , officially , were a part of the Japanese Special Attack Units of military aviators who flew suicide attacks for the Empire of Japan against Allied naval vessels in the closing stages of the Pacific campaign of World War II, intending t ...
and remarked that he never gives up even though his "chance of becoming president" was no greater than that for the journalist himself. Paul was described as "slim, attractive, graying, immaculately attired and most articulate," but as a candidate who was dismissed by the media for his political positions such as support of the decriminalization of hard drugs. Paul visited the
University of Florida The University of Florida (Florida or UF) is a public land-grant research university in Gainesville, Florida. It is a senior member of the State University System of Florida, traces its origins to 1853, and has operated continuously on its ...
during his trip, and gave a campaign speech in front of 200 students in the auditorium in Turlington Hall. Later in the month, he left Florida and campaigned in Iowa, where he spoke at
Drake University Drake University is a private university in Des Moines, Iowa. It offers undergraduate and graduate programs, including professional programs in business, law, and pharmacy. Drake's law school is among the 25 oldest in the United States. His ...
and the
University of Iowa The University of Iowa (UI, U of I, UIowa, or simply Iowa) is a public research university in Iowa City, Iowa, United States. Founded in 1847, it is the oldest and largest university in the state. The University of Iowa is organized into 12 col ...
. In February, he received the endorsement of Former Congressman
Pete McCloskey Paul Norton McCloskey Jr. (born September 29, 1927) is an American politician who represented San Mateo County, California as a Republican in the U.S. House of Representatives from 1967 to 1983. Born in Loma Linda, California, McCloskey pursue ...
(R-Calif.). He was also endorsed by comedian and talk-show host David Letterman, as well as psychologist and
counterculture A counterculture is a culture whose values and norms of behavior differ substantially from those of mainstream society, sometimes diametrically opposed to mainstream cultural mores.Eric Donald Hirsch. ''The Dictionary of Cultural Literacy''. Hou ...
icon
Timothy Leary Timothy Francis Leary (October 22, 1920 – May 31, 1996) was an American psychologist and author known for his strong advocacy of psychedelic drugs. Evaluations of Leary are polarized, ranging from bold oracle to publicity hound. He was "a her ...
, who held a fundraiser for Paul. Paul had received little media attention during the early stages of the Democratic and Republican primary contests. But as
Vice President A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on ...
George H. W. Bush and
Massachusetts Governor The governor of the Commonwealth of Massachusetts is the chief executive officer of the government of Massachusetts. The governor is the head of the state cabinet and the commander-in-chief of the commonwealth's military forces. Massachuset ...
Michael Dukakis Michael Stanley Dukakis (; born November 3, 1933) is an American retired lawyer and politician who served as governor of Massachusetts from 1975 to 1979 and again from 1983 to 1991. He is the longest-serving governor in Massachusetts history a ...
secured their respective parties' nominations, mentions of Paul increased. It was noted that if Bush became unacceptable to
conservatives Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in ...
, they would not turn to Dukakis, but would most likely vote for Paul as a protest. During this time, publications also started discussed Paul's tax policy. It called for a flat income tax rate of 10% on all earnings over $10,000 annually. Paul sold his tax plan while campaigning in
Utah Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to it ...
. In front of 250 people in Kane County, he hailed
California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the m ...
's 1978 passage of
Proposition 13 Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process. The initiative was approved by California voters on J ...
as starting the "tax revolt and endinga message across the country. The next big message for this country should be the overwhelming passage of the tax initiatives ... in November." Paul was also part of C-SPAN's program '' Road to the White House'', which followed different candidates on the campaign trail. In June, they aired Paul's address to the
National Organization for the Reform of Marijuana Laws The National Organization for the Reform of Marijuana Laws (NORML ) is a social welfare organization based in Washington, D.C., that advocates for the reform of marijuana laws in the United States regarding both medical and non-medical use. Ac ...
. During a July press conference in
Spokane, Washington Spokane ( ) is the largest city and county seat of Spokane County, Washington, United States. It is in eastern Washington, along the Spokane River, adjacent to the Selkirk Mountains, and west of the Rocky Mountain foothills, south of the Cana ...
, while lobbying for
ballot access Elections in the United States refers to the rules and procedures regulating the conditions under which a candidate, political party, or ballot measure is entitled to appear on voters' ballots. As the nation's election process is decentralized b ...
, Paul promised that as president he would
veto A veto is a legal power to unilaterally stop an official action. In the most typical case, a president or monarch vetoes a bill to stop it from becoming law. In many countries, veto powers are established in the country's constitution. Veto ...
spending increases for both domestic programs and the military. He asked in reference to the portrayal of his party's plank, "what's extreme about a balanced budget?" Paul conceded that he would not win the election but explained that votes for his ticket would give a bigger voice to Libertarian issues in American politics, and that he would only be disappointed if he did not receive at least 5% of the vote in the state. A few weeks later, ''
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'' discovered that many former members of the Pat Robertson campaign were helping Ron Paul's candidacy. They found that the campaign workers were disseminating literature in
Michigan Michigan () is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the List of U.S. states and ...
that criticized Bush, and stated that Paul would "carry the standard" of the
free market In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any ot ...
. Paul commented in a '' San Diego Union'' interview that he "identif edith Robertson" although "he's not a libertarian." Paul spent the beginning of August, campaigning in his home state of Texas.


Final stages

In August, Republicans began to argue that a vote for Paul would equate to a vote for Dukakis. Later in the month, Republicans grew weary of
Dan Quayle James Danforth Quayle (; born February 4, 1947) is an American politician who served as the 44th vice president of the United States from 1989 to 1993 under President George H. W. Bush. A member of the Republican Party, Quayle served as a U.S. ...
as the party's vice presidential nominee. Paul commented that "we like Dan Quayle. We also like George Bush and Mike Dukakis. They have been the best recruiters we have." He explained that the Libertarian Party was receiving around 100 calls a day from people interested in the party because "a large number of Americans are disenchanted with the choice they have." Paul held a rally in
Salt Lake City Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the capital and most populous city of Utah, United States. It is the seat of Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, th ...
that drew 200 supporters, and proclaimed that he "wouldn't be surprised if we got 20% of the vote in Utah." By October 1988, the campaign had secured ballot access in 46 states and the District of Columbia, and newspapers across the nation began running editorials and letters supporting Paul's run, and criticizing the low volume of media coverage. The ''
New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' chronicled Paul's campaign in late October. Paul's 25-year-old son, Rand Paul who served as the ''aide-de-camp'', was interviewed and explained that Paul had raised $2 million, $500,000 of which was spent on ballot access. Paul had spent $40,000 a month on traveling expenses. Just prior to
Election Day Election day or polling day is the day on which general elections are held. In many countries, general elections are always held on a Saturday or Sunday, to enable as many voters as possible to participate; while in other countries elections a ...
, Paul predicted a low voter turnout.


Results

Paul finished in third place on Election Day, far behind Dukakis and the victorious George H.W. Bush. He received 431,750 votes, which made up 0.5% of the overall vote. He received 203,639 more votes than the Bergland/
Lewis Lewis may refer to: Names * Lewis (given name), including a list of people with the given name * Lewis (surname), including a list of people with the surname Music * Lewis (musician), Canadian singer * "Lewis (Mistreated)", a song by Radiohead ...
ticket four years prior. The largest percentage won by Paul came in
Alaska Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U.S. ...
, where he received 2.7%. In Washington, he missed his goal of 5% with a 0.9% showing. In Utah, Paul received 1.2%.


Aftermath

After the election, Paul was speculated to run for president in 1992 but opted instead to work on the campaign for Pat Buchanan. That year, Marrou received the Libertarian presidential nomination. Paul later returned to the Republican Party and was re-elected to his seat in Congress in 1996, without much support from establishment Republicans, who supported the party-switching Democratic incumbent of the seat. Back in Congress, Paul regained his nickname of Dr. No, favoring a
free market In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any ot ...
and advocating a reduction in the size of the federal government. He was drafted to challenge President
George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
in the 2004 Republican primaries, but chose not to run. He ran for president again in
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and
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as a Republican, attracting a large amount of grassroots support.


References

{{DEFAULTSORT:Paul, Ron, presidential campaign, 1988 Ron Paul History of libertarianism Paul, Ron Paul, Ron