"This, in my opinion, appears to be an instant re-play of the 1992 election season" 1992 - Ross Perot - 19% of electorate.....lest we forget.
1992 had nothing to do with Clinton and everything to do with Perot. People forget just how many votes he got. People also forget that GW is well liked by many people - much warmer than his dad - and Clinton provided a stark contrast in the "likeability" factor which allowed people to ignore the issues. We can ill afford to ignore the issues these days and the Dems know it as well.
See this thread, which analyzes the polls for Bush 43 in contrast to Bush 41, showing Dubya is in a much stronger position, especially on the economy. Bush 41's numbers were in free fall at this time and were very low on the economy. Bush 43's numbers have been stable since September and his numbers on the economy are much higher. Dubya is also benefiting from coming out of the 2000 recession sooner than Bush 41 came out of the 1991 recession. http://209.157.64.200/focus/f-news/1043836/posts
And I agree with you; Perot elected Clinton in 1992.