Yes, Ford would have been in a strong position for 1980 and I think he might have run and won the nomination. Not sure about his running mate (I picked Bush). However, I’m not absolutely sure whether Reagan would run again; that would depend on the 1976 result. If the election was very very close, I might have run again but likely lost the former president.
I doubt there would have been a third party run by some southern Dem.
Ford manages to win a solid victory in such a scenario. He would likely have underperformed Reagan in the South a little.
Former President Gerald R. Ford (R-MI)/Former CIA-Director George Bush (R-TX): 477 EV. (53.4%)President James E. Carter (D-GA)/Vice President Walter Mondale (D-MN): 61 EV. (42.9%)Just a random question: Could Ford have run for reelection in 1984 under that scenario?