Sounds like you have the input and output confused, typical input is 4.6-4.8 volts. Having said that, check it to battery (chassis) ground instead of using the TPS sensor ground. Check the TPS ground for ohms (resistance). Connectors are a good place to look, when I first got my 88 there was a rather large voltage difference at the TPS connector, testing one side of the connector to ground then the other side of the connector to ground. At some time or other somebody had sprayed it with something (WD 40 maybe) that coated the pins and added resistance.
Checking the voltages at the connector is often iffy, I run the TPS wire over the top of the airbox to TB rubber and put a couple of exacto kniofe cuts through the insulation (lengthwise). You can reseal with a dab of silicon, I leave mine open (for the next time) and just cover with a piece of tape.
My TPS wires have been this way for around 5 years or so, makes testing easy, never caused any issues I've noticed (rubs the hood insulation a little).