Let’s analyze this...
This will hurt hillary in the NE where the RATs are strongest. Possibly allowing the republican to steal a few states.
The south won’t like the yankee turncoat that just keep switching parties to get elected. But whos votes does he steal from? Obviously in the middle, but which way would those middle votes go if he wasn’t there? Left or Right?
Perot stole the election for Cltinon by stealing southern right-wing and moderate votes.
Maybe... Even at the time, I had a sense that Clinton would have won anyway, because Bush I offered absolutely nothing worth voting for. The election might have been closer, but I think Clinton would have ended up with a majority victory, as opposed to the plurality he actually got. And I suspect a lot of Perot voters would have simply stayed at home.