Ron Paul presidential campaign, 1988
Encyclopedia
The Ron Paul presidential campaign of 1988 began in early 1987 when former Congressman
United States Congress
The United States Congress is the bicameral legislature of the federal government of the United States, consisting of the Senate and the House of Representatives. The Congress meets in the United States Capitol in Washington, D.C....

 Ron Paul
Ron Paul
Ronald Ernest "Ron" Paul is an American physician, author and United States Congressman who is seeking to be the Republican Party candidate in the 2012 presidential election. Paul represents Texas's 14th congressional district, which covers an area south and southwest of Houston that includes...

 of Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...

 announced his candidacy for the 1988
United States presidential election, 1988
The United States presidential election of 1988 featured no incumbent president, as President Ronald Reagan was unable to seek re-election after serving the maximum two terms allowed by the Twenty-second Amendment. Reagan's Vice President, George H. W. Bush, won the Republican nomination, while the...

 presidential nomination of the Libertarian Party
Libertarian Party (United States)
The Libertarian Party is the third largest and fastest growing political party in the United States. The political platform of the Libertarian Party reflects its brand of libertarianism, favoring minimally regulated, laissez-faire markets, strong civil liberties, minimally regulated migration...

. He joined the third party
Third party (United States)
The term third party is used in the United States for any and all political parties in the United States other than one of the two major parties . The term can also refer to independent politicians not affiliated with any party at all and to write-in candidates.The United States has had a...

 after leaving the Republican Party
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...

 over the Reagan administration
Reagan Administration
The United States presidency of Ronald Reagan, also known as the Reagan administration, was a Republican administration headed by Ronald Reagan from January 20, 1981, to January 20, 1989....

's handling of the federal budget
United States federal budget
The Budget of the United States Government is the President's proposal to the U.S. Congress which recommends funding levels for the next fiscal year, beginning October 1. Congressional decisions are governed by rules and legislation regarding the federal budget process...

. He ran on a platform that included non-interventionism in foreign conflicts, decriminalization
Decriminalization
Decriminalization or Decriminalisation is the abolition of criminal penalties in relation to certain acts, perhaps retroactively, though perhaps regulated permits or fines might still apply . The reverse process is criminalization.Decriminalization reflects changing social and moral views...

 of illegal drugs on a federal level, a return to the gold standard
Gold standard
The gold standard is a monetary system in which the standard economic unit of account is a fixed mass of gold. There are distinct kinds of gold standard...

, the abolition of the Federal Reserve and a reduction in all government spending.

Paul defeated Native American
Indigenous peoples of the Americas
The indigenous peoples of the Americas are the pre-Columbian inhabitants of North and South America, their descendants and other ethnic groups who are identified with those peoples. Indigenous peoples are known in Canada as Aboriginal peoples, and in the United States as Native Americans...

 activist Russell Means
Russell Means
Russell Charles Means is an Oglala Sioux activist for the rights of Native American people. He became a prominent member of the American Indian Movement after joining the organisation in 1968, and helped organize notable events that attracted national and international media coverage...

 at the Libertarian Party's National Convention in Seattle to win the party's presidential nomination. Former Alaska State representative Andre Marrou
Andre Marrou
Andre Verne Marrou is an American political figure, affiliated with the Libertarian Party.Born in Nixon, Texas, he graduated from the Massachusetts Institute of Technology in 1962...

 was selected as his running mate
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 but can also properly be used when referring to both candidates, such as "Michael Dukakis and Lloyd Bentsen were...

. 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 0.47% of the vote, behind Democratic candidate Michael Dukakis
Michael Dukakis
Michael Stanley Dukakis served as the 65th and 67th Governor of Massachusetts from 1975–1979 and from 1983–1991, and was the Democratic presidential nominee in 1988. He was born to Greek immigrants in Brookline, Massachusetts, also the birthplace of John F. Kennedy, and was the longest serving...

 and the winner Vice President
Vice President of the United States
The Vice President of the United States is the holder of a public office created by the United States Constitution. The Vice President, together with the President of the United States, is indirectly elected by the people, through the Electoral College, to a four-year term...

 George H.W. Bush.

Background

Paul was elected to Texas's 22nd congressional district
Texas's 22nd congressional district
Texas District 22 of the United States House of Representatives is the Congressional district that covers a south-central portion of the metropolitan area. It includes the cities of Rosenberg and La Marque as well as portions of Missouri City and Pearland, in Fort Bend, Harris, Galveston, and...

 as a Republican during a special election early in 1976, and he supported Ronald Reagan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....

'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 princles of laissez-faire
Laissez-faire
In economics, laissez-faire describes an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies....

 advocate Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Mises was an Austrian economist, philosopher, and classical liberal who had a significant influence on the modern Libertarian movement and the "Austrian School" of economic thought.-Biography:-Early life:...

, and gained a reputation as Dr. No, voting against legislation he felt was unconstitutional. He also advanced legislation establishing term limit
Term limit
A term limit is a legal restriction that limits the number of terms a person may serve in a particular elected office. When term limits are found in presidential and semi-presidential systems they act as a method to curb the potential for monopoly, where a leader effectively becomes "president for...

s for Congressmen, and opposed any implementation of a military draft.
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
Obstetrics
Obstetrics is the medical specialty dealing with the care of all women's reproductive tracts and their children during pregnancy , childbirth and the postnatal period...

 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.

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, California
San Francisco , officially the City and County of San Francisco, is the financial, cultural, and transportation center of the San Francisco Bay Area, a region of 7.15 million people which includes San Jose and Oakland...

. 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
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...

 in April to discuss the Libertarian Party's platform with students from Penn State. Native American activist, and challenger to Paul, Russell Means
Russell Means
Russell Charles Means is an Oglala Sioux activist for the rights of Native American people. He became a prominent member of the American Indian Movement after joining the organisation in 1968, and helped organize notable events that attracted national and international media coverage...

 of South Dakota
South Dakota
South Dakota is a state located in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux American Indian tribes. Once a part of Dakota Territory, South Dakota became a state on November 2, 1889. The state has an area of and an estimated population of just over...

 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
Alaska House of Representatives
The Alaska 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 about 15,673 people . Members serve two-year terms without term limits...

. The pair campaigned side-by-side in Idaho
Idaho
Idaho is a state in the Rocky Mountain area of the United States. The state's largest city and capital is Boise. Residents are called "Idahoans". Idaho was admitted to the Union on July 3, 1890, as the 43rd state....

 where Paul remarked "that a Libertarian can win the White House
White House
The White House is the official residence and principal workplace of the president of the United States. Located at 1600 Pennsylvania Avenue NW in Washington, D.C., the house was designed by Irish-born James Hoban, and built between 1792 and 1800 of white-painted Aquia sandstone in the Neoclassical...

 in the not-too-distant future." After that, Paul traveled west to address Libertarian Party officials in Washington and Oregon
Oregon
Oregon is a state in the Pacific Northwest region of the United States. It is located on the Pacific coast, with Washington to the north, California to the south, Nevada on the southeast and Idaho to the east. The Columbia and Snake rivers delineate much of Oregon's northern and eastern...

. 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 in Seattle, Washington. A forum featuring the four leading candidates was held prior to the nomination. Means tried to portray himself as a better candidate than Paul, dismissing the funds raised by Paul's campaign and 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 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. Marrou was selected as his running mate as the candidate for Vice President without any opposition. The platform for the party was also decided, and included the removal of all nuclear weapons from Europe, termination of the 1972 Anti-Ballistic Missile Treaty
Anti-Ballistic Missile Treaty
The Anti-Ballistic Missile Treaty was a treaty between the United States and the Soviet Union on the limitation of the anti-ballistic missile systems used in defending areas against missile-delivered nuclear weapons....

, withdrawal of all American troops abroad, prosecution of anyone who knowingly spreads AIDS
AIDS
Acquired immune deficiency syndrome or acquired immunodeficiency syndrome is a disease of the human immune system caused by the human immunodeficiency virus...

 and the legalization of hypodermic syringe possession. The Libertarian party’s official position is support of repealing Roe v. Wade and leaving abortion “remanded to the states.” Paul’s view, it happens, is pretty much the party line: It’s okay to restrict abortion at the state level, just not the federal one.

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
League of Women Voters
The League of Women Voters is an American political organization founded in 1920 by Carrie Chapman Catt during the last meeting of the National American Woman Suffrage Association approximately six months before the Nineteenth Amendment to the United States Constitution gave women the right to vote...

-sponsored presidential debates.

Spreading the message

Paul held one of his numerous press conferences in Helena, Montana
Helena, Montana
Helena is the capital city of the U.S. state of Montana and the county seat of Lewis and Clark County. The 2010 census put the population at 28,180. The local daily newspaper is the Independent Record. The Helena Brewers minor league baseball and Helena Bighorns minor league hockey team call the...

, where he pushed for the Reagan administration
Reagan Administration
The United States presidency of Ronald Reagan, also known as the Reagan administration, was a Republican administration headed by Ronald Reagan from January 20, 1981, to January 20, 1989....

 to balance the budget and cut spending and taxes. He argued that Reagan had reneged on his 1980 campaign
Ronald Reagan presidential campaign, 1980
Ronald Reagan, the 33rd Governor of California, announced his candidacy for President of the United States in New York City on November 13, 1979. On July 17, 1980, he became the nominee of the Republican Party for the 1980 presidential election. After receiving the Republican nomination, he...

 promise to balance the budget, resulting in voter dissatisfaction. Paul stated that Treasury Secretary James Baker
James Baker
James Addison Baker, III is an American attorney, politician and political advisor.Baker served as the Chief of Staff in President Ronald Reagan's first administration and in the final year of the administration of President George H. W. Bush...

 should be removed from his office
Impeachment
Impeachment is a formal process in which an official is accused of unlawful activity, the outcome of which, depending on the country, may include the removal of that official from office as well as other punishment....

 for the administration's monetary policy.
Paul was featured in the November 1987 issue of Texas Monthly
Texas Monthly
Texas Monthly is a monthly American magazine headquartered in Austin, Texas. Texas Monthly is published by Emmis Publishing, L.P. and was founded in 1973 by Michael R. Levy, Texas Monthly chronicles life in contemporary Texas, writing on politics, the environment, industry, and education...

. The article compared the campaign to that of former U.S. Senator Eugene McCarthy
Eugene McCarthy
Eugene Joseph "Gene" McCarthy was an American politician, poet, and a long-time member of the United States Congress from Minnesota. He served in the U.S. House of Representatives from 1949 to 1959 and the U.S. Senate from 1959 to 1971.In the 1968 presidential election, McCarthy was the first...

, and made note of Paul's opposition to the CIA's assistance of the Contras
Contras
The contras is a label given to the various rebel groups opposing Nicaragua's FSLN Sandinista Junta of National Reconstruction government following the July 1979 overthrow of Anastasio Somoza Debayle's dictatorship...

 in Nicaragua
Nicaragua
Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...

. 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
Rome, Georgia
Located in the foothills of the Appalachian Mountains, Rome is the largest city and the county seat of Floyd County, Georgia, United States. It is the principal city of the Rome, Georgia Metropolitan Statistical Area which encompasses all of Floyd County...

 and appeared at the downtown Holiday Inn
Holiday Inn
Holiday Inn is a brand of hotels, formally a economy motel chain, forming part of the British InterContinental Hotels Group . It is one of the world's largest hotel chains with 238,440 bedrooms and 1,301 hotels globally. There are currently 5 hotels in the pipeline...

 in November 1987. During the appearance, he railed against the policies of Washington D.C., commenting that there was no difference between the two major parties, and that both supported "intervention overseas, ... in our personal lives ... [and] in the marketplace." Paul went on to compare his Libertarian ideology to the mindset of the founding fathers. 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
Jesse Jackson
Jesse Louis Jackson, Sr. is an African-American civil rights activist and Baptist minister. He was a candidate for the Democratic presidential nomination in 1984 and 1988 and served as shadow senator for the District of Columbia from 1991 to 1997. He was the founder of both entities that merged to...

 and Pat Robertson
Pat Robertson
Marion Gordon "Pat" Robertson is a media mogul, television evangelist, ex-Baptist minister and businessman who is politically aligned with the Christian Right in the United States....

 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.

"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, who compared Paul to a kamikaze
Kamikaze
The were suicide attacks by military aviators from the Empire of Japan against Allied naval vessels in the closing stages of the Pacific campaign of World War II, designed to destroy as many warships as possible....

 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
University of Florida
The University of Florida is an American public land-grant, sea-grant, and space-grant research university located on a campus in Gainesville, Florida. The university traces its historical origins to 1853, and has operated continuously on its present Gainesville campus since September 1906...

 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
Drake University is a private, co-educational university located in Des Moines, Iowa, USA. The institution offers a number of undergraduate and graduate programs, as well as professional programs in law and pharmacy. Today, Drake is one of the twenty-five oldest law schools in the country....

 and the University of Iowa
University of Iowa
The University of Iowa is a public state-supported research university located in Iowa City, Iowa, United States. It is the oldest public university in the state. The university is organized into eleven colleges granting undergraduate, graduate, and professional degrees...

. In February, he received the endorsement of Former Congresman Pete McCloskey
Pete McCloskey
Paul Norton "Pete" McCloskey Jr. is a former Republican politician from the U.S. state of California who served in the U.S. House of Representatives from 1967 to 1983. He ran on an anti-war platform for the Republican nomination for President in 1972 but was defeated by incumbent President...

 (R-Calif.). He was also endorsed by comedian and talk-show host David Letterman
David Letterman
David Michael Letterman is an American television host and comedian. He hosts the late night television talk show, Late Show with David Letterman, broadcast on CBS. Letterman has been a fixture on late night television since the 1982 debut of Late Night with David Letterman on NBC...

, as well as psychologist and counterculture
Counterculture
Counterculture is a sociological term used to describe the values and norms of behavior of a cultural group, or subculture, that run counter to those of the social mainstream of the day, the cultural equivalent of political opposition. Counterculture can also be described as a group whose behavior...

 icon Timothy Leary
Timothy Leary
Timothy Francis Leary was an American psychologist and writer, known for his advocacy of psychedelic drugs. During a time when drugs like LSD and psilocybin were legal, Leary conducted experiments at Harvard University under the Harvard Psilocybin Project, resulting in the Concord Prison...

, 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
Vice President of the United States
The Vice President of the United States is the holder of a public office created by the United States Constitution. The Vice President, together with the President of the United States, is indirectly elected by the people, through the Electoral College, to a four-year term...

 George H.W. Bush and Massachusetts Governor
Governor of Massachusetts
The Governor of the Commonwealth of Massachusetts is the executive magistrate of the Commonwealth of Massachusetts, United States. The current governor is Democrat Deval Patrick.-Constitutional role:...

 Michael Dukakis
Michael Dukakis
Michael Stanley Dukakis served as the 65th and 67th Governor of Massachusetts from 1975–1979 and from 1983–1991, and was the Democratic presidential nominee in 1988. He was born to Greek immigrants in Brookline, Massachusetts, also the birthplace of John F. Kennedy, and was the longest serving...

 secured their respective parties' nominations, mentions of Paul increased. It was noted that if Bush became unacceptable to conservatives, 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
Utah is a state in the Western United States. It was the 45th state to join the Union, on January 4, 1896. Approximately 80% of Utah's 2,763,885 people live along the Wasatch Front, centering on Salt Lake City. This leaves vast expanses of the state nearly uninhabited, making the population the...

. In front of 250 people in Kane County
Kane County, Utah
As of the census of 2000, there were 6,046 people, 2,237 households, and 1,628 families residing in the county. The population density was 2 people per square mile . There were 3,767 housing units at an average density of 1 per square mile...

, he hailed California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

's 1978 passage of Proposition 13 as starting the "tax revolt and [sending] a 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
C-SPAN
C-SPAN , an acronym for Cable-Satellite Public Affairs Network, is an American cable television network that offers coverage of federal government proceedings and other public affairs programming via its three television channels , one radio station and a group of websites that provide streaming...

'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.

During a July press conference in Spokane, Washington
Spokane, Washington
Spokane is a city located in the Northwestern United States in the state of Washington. It is the largest city of Spokane County of which it is also the county seat, and the metropolitan center of the Inland Northwest region...

, while lobbying for ballot access
Ballot access
Ballot access rules, called nomination rules outside the United States, regulate the conditions under which a candidate or political party is either entitled to stand for election or to appear on voters' ballots...

, Paul promised that as president he would veto
Veto
A veto, Latin for "I forbid", is the power of an officer of the state to unilaterally stop an official action, especially enactment of a piece of legislation...

 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, The New York Times
The New York Times
The New York Times is an American daily newspaper founded and continuously published in New York City since 1851. The New York Times has won 106 Pulitzer Prizes, the most of any news organization...

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
Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....

 that criticized Bush, and stated that Paul would "carry the standard" of the free market
Free market
A free market is a competitive market where prices are determined by supply and demand. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts...

. Paul commented in a San Diego Union interview that he "identif[ied]with 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
Dan Quayle
James Danforth "Dan" Quayle served as the 44th Vice President of the United States, serving with President George H. W. Bush . He served as a U.S. Representative and U.S. Senator from the state of Indiana....

 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 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 chronicled Paul's campaign in late October. Paul's 25 year old son, Rand Paul
Rand Paul
Randal Howard "Rand" Paul is the junior United States Senator for Kentucky. He is a member of the Republican Party. A member of the Tea Party movement, he describes himself as a "constitutional conservative" and a libertarian...

 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 (United States)
Election Day in the United States is the day set by law for the general elections of public officials. It occurs on the Tuesday after the first Monday in November. The earliest possible date is November 2 and the latest possible date is November 8...

, 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 0.47% of the overall vote. The largest percentage won by Paul came in Alaska
Alaska
Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...

, where he received 2.74%. In Washington, he missed his goal of 5% with a 0.92% showing. In Utah, Paul received 1.16%.

Aftermath

After the election, Paul was speculated to run for president in 1992
United States presidential election, 1992
The United States presidential election of 1992 had three major candidates: Incumbent Republican President George Bush; Democratic Arkansas Governor Bill Clinton, and independent Texas businessman Ross Perot....

 but opted instead to work on the campaign for Pat Buchanan
Pat Buchanan
Patrick Joseph "Pat" Buchanan is an American paleoconservative political commentator, author, syndicated columnist, politician and broadcaster. Buchanan was a senior adviser to American Presidents Richard Nixon, Gerald Ford, and Ronald Reagan, and was an original host on CNN's Crossfire. He sought...

. 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. Back in Congress, Paul regained his nickname of Dr. No, favoring a free market
Free market
A free market is a competitive market where prices are determined by supply and demand. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts...

 and advocating a reduction in the size of the federal government. He was drafted to challenge President George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....

 in the 2004 Republican primaries, but chose not to run. He ran for president again in 2008
Ron Paul presidential campaign, 2008
Ron Paul was a Republican Party primary candidate in the 2008 United States presidential election.Initial opinion polls during the first three quarters of 2007 showed Ron Paul consistently receiving support from 3% or less of those polled...

 and 2012
Ron Paul presidential campaign, 2012
U.S. Representative Ron Paul of Texas is running for the 2012 Republican Party nomination for President of the United States. Although he was frequently mentioned as a possible candidate, Paul stopped short of a full-fledged candidacy before May 2011. Prior to that, he had only indicated that he...

 as a Republican, attracting a large amount of grassroots
Grassroots
A grassroots movement is one driven by the politics of a community. The term implies that the creation of the movement and the group supporting it are natural and spontaneous, highlighting the differences between this and a movement that is orchestrated by traditional power structures...

support.
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