With the economy being so good in 1996 and 2000, I could easily see Republicans matching the 5-term FDR Dem streak or even the 6-term post-Civil War GOP streak. Looking back, the economy wasn't even that terrible in 1992.
Of course it wasn't bad compared to what we've been through since 2008.
But things were not good from 1990-1991. In addition to the recession, you had deindustrialization being completed in the Rust Belt and you had the Midwest recovering from the price collapse of various crops in the mid-late '80s. And many of those people felt very threatened by NAFTA.
