2008 was not a toss up after the Lehman Brothers bankruptcy on September 15th.
However, it was only 53/45 when it probably should have been like 59/38. It is hard to have a presidential election not be close in this day and age.
Even FDR didn't win by that margin in 1932
Yes, but 1st term incumbent vs. open seat should be worth a couple %.
Nope, not for someone as unpopular as Hoover or with economic numbers as bad as Hoover had. If another Republican was nominated in 1932 , that Republican likely does better than Hoover