It was the only time a party got kicked out of White House after just one term in the last 100+ years.
And 1988 is the only time in my mother's lifetime that a party kept the White House for more than two terms.
So it does seem that 1980 and 1988 can be considered two elections the Democrats should have won. Instead, Republicans won 425+ electoral votes both times.
It was during the Republican realignment. Now we're under the Democratic realignment. These surges last for some 30 year, then another one starts, usually. The 1980 was the peak of the Republican era. The peak of the Democratic era is just around the corner I believe. Probably 2016 or 2020 will be that year, just like 1984 was the one for Republicans.
I don't know if it was a Republican alignment in the 70s and 80s (since Carter won a close election after Watergate) as much as it was bad decisions by the Democratic party.
Though that's obviously something the Republican party can repeat.
Even if you believe demographic trends will make the Democrats the favorites in the next few elections, it doesn't seem likely that it will help the party get the 44 state/ 489 electoral vote win Reagan got in 1980 and exceeded in 1984.
I wrote this elsewhere, but we don't even know what the current trends are.
The 2012 Presidential election can fit three historic narratives. We won’t know for some time which summary is the most accurate.
I tend to agree with the middle of the road narrative. The United States has a two party system in which there’s currently a level of parity between Democrats and Republicans. Since Eisenhower, the following tendency has predicted 14 out of 16 presidential elections: Voters select a party for two term in the White House, and then go and pick the other guys. Obama’s victory, while Republicans kept the House and expanded their number of Governors from 29 to at least 30, fits this version. It’s possible that at some point we’ll have a realigning election giving one party dominance like the Republicans had after the Civil War, and Democrats had after the Great Depression, but it hasn’t happened yet.
Then there’s the argument that favors Democrats. Bill Clinton seized the center in 1992, and we’re already in an era of Democratic dominance. Since then, Democrats won three landslide elections and one close election (and the electoral vote wasn’t all that close), while Republicans won one close election and one possibly fraudulent election. Meanwhile, the changing demographics of the country, as 50,000 Hispanic-Americans become eligible to vote every day, as well as changing views on social issues, are just making the electorate more liberal. Republicans will win a few presidential elections, as Grover Cleveland and Woodrow Wilson did in the otherwise Republican era from 1860-1928, and Eisenhower did in the Democratic era from 1932-1964. But the next Presidents are more likely than not to be Democrats.
A conservative version of this narrative is that the nation is becoming more redistributionist, and that is why Democrats now have the edge.
The least convincing claim is that this is still an era of Republican dominance. By this argument, since liberalism died with LBJ, Republicans have won 7 of the last 12 presidential elections, and the party is favored to win the next two, as it has been three generations since Democrats held the White House for more than two terms. Democrats only get the White House under the right set of circumstances. Their only successful nominees since Nixon have been Southern Governors, or a rare candidate who fit a very specific demographic sweet spot: a Midwestern African-American elected to statewide office. And the only Republicans who lose are moderates who weren’t able to excite the base/ silent majority the way Nixon, Reagan and George W Bush did.
The three scenarios have implications for the 2016 presidential election. If we’re in an age of parity, the Republicans are more likely to win, but Democrats have a shot at keeping the White House in the event of a catastrophically bad nominee or fantastic approval ratings for the outgoing President. If this is an era of Democratic dominance, the reverse is true. My concern is that too many Republicans will be comforted by the final argument, and decide that to nominate the most conservative candidate the next time around, regardless of the individual’s political gifts, or lack thereof.