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By David Espo

Associated Press

LAST UPDATED: 10:46 a.m. HST, Nov 07, 2012

WASHINGTON >> President Barack Obama rolled to re-election tonight, vanquishing former Massachusetts Gov. Mitt Romney despite a weak economy that plagued his first term and put a crimp in the middle class dreams of millions. In victory, he confidently promised better days ahead.

Obama spoke to thousands of cheering supporters in his hometown of Chicago, praising Romney and declaring his optimism for the next four years. "While our road has been hard, though our journey has been long, we have picked ourselves up, we have fought our way back and we know in our hearts that for the United States of America, the best is yet to come," he said.

Romney made a brief, graceful concession speech before a disappointed crowd in Boston. He summoned all Americans to pray for Obama and urged the night's political winners to put partisan bickering aside and "reach across the aisle" to tackle the nation's problems.

Still, after the costliest — and one of the nastiest — campaigns in history, divided government was alive and well.

Democrats retained control of the Senate with surprising ease. With three races too close to call, they had the possibility of gaining a seat.

Republicans won the House, ensuring that Speaker John Boehner of Ohio, Obama's partner in unsuccessful deficit talks, would reclaim his seat at the bargaining table. With numerous races as yet uncalled, the size of the GOP majority was unknown.

At Obama headquarters in Chicago, a huge crowd gathered waving small American flags and cheering. Supporters hugged each other, danced and pumped their fists in the air. Excited crowds also gathered in New York's Times Square, at Faneuil Hall in Boston and near the White House in Washington, drivers joyfully honking as they passed by.

With returns from 88 percent of the nation's precincts, Obama had 55.8 million, 49.8 percent of the popular vote. Romney had 54.5 million, or 48.6 percent.

The president's laserlike focus on the battleground states allowed him to run up a 303-206 margin in the competition for the 270 electoral votes needed to win the White House, the count that mattered most. Remarkably, given the sour economy, he lost only two states that he captured in 2008, Indiana and North Carolina.

Florida, another Obama state four years ago, remained too close to call.

The election emerged as a choice between two very different visions of government — whether it occupies a major, front-row place in American lives or is in the background as a less-obtrusive facilitator for private enterprise and entrepreneurship.

The economy was rated the top issue by about 60 percent of voters surveyed as they left their polling places. But more said former President George W. Bush bore responsibility for current circumstances than Obama did after nearly four years in office.

That boded well for the president, who had worked to turn the election into a choice between his proposals and Romney's, rather than a simple referendum on the economy during his time in the White House.

Unemployment stood at 7.9 percent on Election Day, higher than when the president took office. And despite signs of progress, the economy is still struggling after the worst recession in history.

Obama captured Ohio, Wisconsin, Iowa, Virginia, New Hampshire, Colorado and Nevada, seven of the nine states where the rivals and their allies poured nearly $1 billion into dueling television commercials.

Romney won North Carolina among the battleground states.

Florida was too close to call, Obama leading narrowly in a state where there were still long lines of voters at some polling places long after the appointed closing time.

Romney, who grew wealthy in business and ran the 2002 Olympic Games in Salt Lake City before entering politics, spoke only briefly to supporters, some of whom wept.

"I so wish that I had been able to fulfill your hopes to lead the country in a different direction," he said. "But the nation chose another leader and so Ann and I join with you to earnestly pray for him and for this great nation."

Moments later, Obama stepped before a far different crowd hundreds of miles away.

"Tonight you voted for action, not politics as usual," he said. He pledged to work with leaders of both parties to help the nation complete its recovery from the worst recession since the Great Depression.

Boehner issued a statement of his own, noting that while Obama won, so, too, did his House Republicans "If there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs, which is critical to solving our debt," he said.

By any description, the list of challenges is daunting - high unemployment, a slow-growth economy, soaring deficits, a national debt at unsustainable. To say nothing of the threat of a nuclear Iran and the menace of al-Qaida and other terrorist groups more than a decade after the attacks of Sept., 11, 2001.

There was no doubt about what drove voters to one candidate or the other in the presidential race.

About 4 in 10 said the economy is on the mend, but more than that said it was stagnant or getting worse more than four years after the near-collapse of 2008. The survey was conducted for The Associated Press and a group of television networks.

In the battle for the Senate, Elizabeth Warren turned Republican Scott Brown out of office in Massachusetts, and Rep. Joe Donnelly captured a seat from GOP hands in Indiana.

Deb Fischer picked up a seat for Republicans in Nebraska, defeating former Sen. Bob Kerrey.

In Maine, independent former Gov. Angus King was elected to succeed retiring GOP Sen. Olympia Snowe. He has not yet said which party he will side with, but Republicans attacked him in television advertising during the race, and Democrats rushed to his cause.

In the presidential race, Obama won in the reliably Democratic Northeast and on the West Coast. Pennsylvania was his, too, despite two late campaign stops by Romney.

Romney won most of the South as well as much of the Rocky Mountain West and Farm Belt.

The president was in Chicago as he awaited the voters' verdict on his four years in office. He told reporters he had a concession speech as well as victory remarks prepared. He congratulated Romney on a spirited campaign. "I know his supporters are just as engaged, just as enthusiastic and working just as hard today" as Obama's own, he added.

Romney reciprocated, congratulating the man who he had campaigned against for more than a year.

Earlier, he raced to Ohio and Pennsylvania for Election Day campaigning and projected confidence as he flew home to Massachusetts. "We fought to the very end, and I think that's why we'll be successful," he said, adding that he had finished writing a speech anticipating victory but nothing if the election went to his rival.

Like Obama, Vice President Joe Biden was in Chicago as he waited to find out if he was in line for a second term. Republican running mate Paul Ryan was with Romney in Boston, although he kept one eye on his campaign for re-election to the House from Wisconsin, a race he won.

The long campaign's cost soared into the billions, much of it spent on negative ads, some harshly so.

In a months-long general election ad war that cost nearly $1 billion, Romney and Republican groups spent more than $550 million and Obama and his allies $381 million, according to organizations that track advertising.

According to the exit poll, 53 percent of voters said Obama was more in touch with people like them, compared to 43 percent for Romney.

About 60 percent said taxes should be increased, taking sides on an issue that divided the president and Romney. Obama wants to let taxes rise on upper incomes, while Romney does not.

Other than the battlegrounds, big states were virtually ignored in the final months of the campaign. Romney wrote off New York, Illinois and California, while Obama made no attempt to carry Texas, much of the South or the Rocky Mountain region other than Colorado.

There were 33 Senate seats on the ballot, 23 of them defended by Democrats and the rest by Republicans.

Democratic Rep. Chris Murphy, a Democrat, won a Connecticut seat long held by Sen. Joe Lieberman, retiring after a career that included a vice presidential spot on Al Gore's ticket in 2000. It was Republican Linda McMahon's second defeat in two tries, at a personal cost of $92 million.

The GOP needed a gain of three for a majority if Romney won, and four if Obama was re-elected. Neither Majority Leader Harry Reid of Nevada nor GOP leader Mitch McConnell of Kentucky was on the ballot, but each had high stakes in the outcome.

All 435 House seats were on the ballot, including five where one lawmaker ran against another as a result of once-a-decade redistricting to take population shifts into account. Democrats needed to pick up 25 seats to gain the majority they lost two years ago.

House Speaker Boehner, R-Ohio, raised millions to finance get-out-the-vote operations in states without a robust presidential campaign, New York, Illinois and California among them. His goal was to minimize any losses, or possibly even gain ground, no matter Romney's fate. House Democratic leader Rep. Nancy Pelosi of California campaigned aggressively, as well, and faced an uncertain political future after her party failed to win control.

Democrats toppled conservative tea party freshman Reps. Joe Walsh and Bobby Schilling in Illinois, as well as another freshman, Robert Dold and seven-term veteran Judy Biggert, a social moderate.

Other GOP casualties included Rep. David Rivera of Florida, who was hurt by investigations into his past campaign financing; Ann Marie Buerkle of New York, who lost to the Democrat she defeated in 2010, Dan Maffei, and New Hampshire Republican Charlie Bass, ousted by Ann Kuster, the Democrat he defeated narrowly two years ago.

Republicans turned Rep. Kathy Hochul out of office in New York, as well as Larry Kissel in North Carolina, Mark Critz in Pennsylvania and Ben Chandler in Kentucky.

In gubernatorial races, Republicans picked up North Carolina, where Pat McCrory won easily. The incumbent, Democratic Gov. Bev Purdue, did not seek re-election.

In a campaign that traversed contested Republican primaries last winter and spring, a pair of political conventions this summer and three presidential debates, Obama, Romney, Biden and Ryan spoke at hundreds of rallies, were serenaded by Bruce Springstein and Meat Loaf and washed down hamburgers, pizza, barbecue and burrito bowls.

Obama was elected the first black president in 2008, and four years later, Romney became the first Mormon to appear on a general election ballot. Yet one man's race and the other's religion were never major factors in this year's campaign for the White House, a race dominated from the outset by the economy.

Over and over, Obama said that during his term the nation had begun to recover from the worst recession since the Great Depression. While he conceded progress had been slow, he accused Romney of offering recycled Republican policies that have helped the wealthy and harmed the middle class in the past and would do so again.

Romney countered that a second Obama term could mean a repeat recession in a country where economic growth has been weak and unemployment is worse now than when the president was inaugurated. A wealthy former businessman, he claimed the knowledge and the skills to put in place policies that would make the economy healthy again.

In a race where the two men disagreed often, one of the principal fault lines was over taxes. Obama campaigned for the renewal of income tax cuts set to expire on Dec. 31 at all income levels except above $200,000 for individuals and $250,000 for couples.

Romney said no one's taxes should go up in uncertain economic times. In addition, he proposed a 20 percent cut across the board in income tax rates but said he would end or curtail a variety of tax breaks to make sure federal deficits didn't rise.

The differences over taxes, the economy, Medicare, abortion and more were expressed in intensely negative advertising.

Obama launched first, shortly after Romney dispatched his Republican foes in his quest for the party nomination.

One memorable commercial showed Romney singing an off-key rendition of "America The Beautiful." Pictures and signs scrolled by saying that his companies had shipped jobs to Mexico and China, that Massachusetts state jobs had gone to India while he was governor and that he has personal investments in Switzerland, Bermuda and the Cayman Islands.

Romney spent less on advertising than Obama. A collection of outside groups made up the difference, some of them operating under rules that allowed donors to remain anonymous. Most of the ads were of the attack variety. But the Republican National Committee relied on one that had a far softer touch, and seemed aimed at voters who had been drawn to the excitement caused by Obama's first campaign. It referred to a growing national debt and unemployment, then said, "He tried. You tried. It's OK to make a change."

More than 30 million voters cast early ballots in nearly three dozen states, a reflection of the growing appeal of getting a jump on the traditional Election Day.

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serious wrote:
Our forefathers in seeking the Electorial college never thought of food stamps as the deciding feature for an election. What has this nation become????
on November 6,2012 | 10:32AM
Grimbold wrote:
Benjamin Franklin: When the people find that they can vote themselves money, that will herald the end of the republic. They voted Obama. All said.
on November 7,2012 | 03:57AM
NanakuliBoss wrote:
This comment has been deleted.
on November 6,2012 | 02:01PM
walaau808 wrote:
What in the world does what you're saying have to do with the election? You are truly showing your ignorance.
on November 6,2012 | 02:38PM
NanakuliBoss wrote:
This comment has been deleted.
on November 6,2012 | 06:19PM
walaau808 wrote:
And how exactly does that matter?
on November 6,2012 | 07:13PM
Tanabe wrote:
4 more years of Obama. Not sure if I'm happy or not. Guess the crappy choice we all know what is gonna do is better than the crappy choice we all have no idea what he's gonna do.
on November 6,2012 | 05:33PM
tigerwarrior wrote:
Obama absolutely dominated in the battleground states. He would have reached over 300 electoral votes if Florida--another swing state--votes were tallied.
on November 6,2012 | 05:43PM
st1d wrote:
welfare entitlement recipients win again. expect to see an increase in: self protection weapons as class warfare is promoted as a solution to america's problems; terrorists attacks on the u.s. using a video as an excuse for the attacks and obama apologizing to the terrorists for the attacks; demoralizing economic failures that push america into financial and moral bankruptcy.
on November 6,2012 | 05:48PM
64hoo wrote:
and also bengazigate where obama has covered it up for the death of 4 people. look they went after nixon in watergate coverup why not go after obama in this coverup where he did something worse in bengazi.gate. go get em house lets impeach obama.
on November 6,2012 | 06:10PM
NanakuliBoss wrote:
Oh come now. Bengazigate? Fox talking point.
on November 6,2012 | 06:21PM
wiliki wrote:
Hope that Republicans now realize that they need to compromise. Perhaps many Tea Partiers have lost their jobs in Congress and the Republicans are now controlled by the grown-ups. I expect that in Obama's second term, there'll be more pressure on them to compromise.

Hopefully, the people will make it loud and clear that Republicans need to produce results and not block needed legislation. It'll be interesting if the lame ducks will get us over this fiscal cliff. Obama might be wise to push through his jobs bill and settle the fiscal cliff before the next Congress starts-- so they can start to discuss really meaningful legislation in the next Congress.

on November 7,2012 | 01:56AM
5xcalibir2 wrote:
many of those repubs are up for re-election in 2 years.....well said wiliki
on November 7,2012 | 02:20AM
Jonas wrote:
@st1d @64hoo - sounds like sour grapes.
on November 6,2012 | 07:06PM
st1d wrote:
perhaps. and that's the beauty of america, every four years or so we have a bloodless revolution in november, and either lift our drinks in celebration or, as iamsane pointed out, we cry in them.

and after the election, we get back to what's important, nfl playoffs.

what a country. you just gotta love it. wouldn't trade it for any other.

on November 7,2012 | 12:12AM
5xcalibir2 wrote:
boo hoo hoo.....stop the blood-clot cryin'....
on November 7,2012 | 01:41AM
NanakuliBoss wrote:
This comment has been deleted.
on November 6,2012 | 06:20PM
Dizzle wrote:
What, Dick Morris was wrong?
on November 6,2012 | 06:48PM
iansuen wrote:
Yes I agree with you. In fact, I wish every person who voted for Obama would die as they simply aren't Americans like everyone else.
on November 6,2012 | 06:47PM
Jonas wrote:
@iansuen - I am sure the feeling's mutual.
on November 6,2012 | 07:07PM
iansuen wrote:
Oh yes, and sarcasm is a completely new concept.
on November 7,2012 | 03:48AM
IEBuzzin wrote:
Such sad violin music, someone get her some TP.
on November 9,2012 | 08:19PM
5xcalibir2 wrote:
boo hoo hoo.....stop the blood-clot cryin...
on November 7,2012 | 01:43AM
IEBuzzin wrote:
Please die first.
on November 9,2012 | 08:08PM
IAmSane wrote:
on November 6,2012 | 08:53PM
Manoa2 wrote:
Class warfare is Romney speaking to a room of very wealthy people like him and calling half the population of the country freeloaders. Class warfare is also the fact that wealthy taxpayers have had their taxes cut by Bush for years as a political payoff to his wealthy supporters-- combined with my wife the tax cuts Bush put in place have put money in my pocket to the tune of $40,000-$50,000 a year (and I am not wealthy)-- I could do with half of that money. Was this cut supposed to be a gift? It helped me put kids through private school and college and some of it was lost to the investment bankers whose risk taking caused the worst financial crisis in several generations (I worked in investment banking in NYC). But why should I get this tax bailout when the country has a deficit?
on November 6,2012 | 10:53PM
wiliki wrote:
You got it!
on November 7,2012 | 01:59AM
group22 wrote:
Geez you sound like Warren Buffet. If feel sorry for yourself for being lucky (by the sound of it undeserving) of being financially rewarded, just cut a check and send it to the IRS. Don't demonized those that earned their wealth by working hard. And oh, by the way, the financial crisis was caused by big government strong arming the banks to provide mortgages to unworthy borrowers - google the Community Recovery Act.
on November 7,2012 | 02:25AM
5xcalibir2 wrote:
those demoralizing economic faiures are a work in progress that will continue to better itself....and the financial and moral bankruptcy is what the president pulled us out of 4 years ago.
on November 7,2012 | 01:51AM
NanakuliBoss wrote:
Another local boy, four more years, braddah B.
on November 6,2012 | 06:45PM
NanakuliBoss wrote:
Four more years for braddah B.! Local boy does good!
on November 6,2012 | 06:46PM
group22 wrote:
The people have spoken. Socialism and big government wins. Congrats to Obama. Strap on your seatbelts folks. If you thought the last four years were bad (it's all Bush's fault, by the way), you ain't seen nothing yet......
on November 6,2012 | 06:49PM
Manoa2 wrote:
I see no socialism in this country and no social welfare like you see in wealthy countries in Europe and Asia. Take obamacare as an example, instead of a government health program like Medicare (which Obama is cutting as Romney says), our the obamacare system is run by private insurance companies, private doctors, and if you can afford it, choice of doctors. Pricing is set by the new insurance markets through insurance companies competing for customers, all of whom must buy health insurance so they do not need government provided healthcare. Proud to say Obamacare was a Republican idea and developed by a very conservative think tank-- it was the idea of Romney among other Republicans and Obama copied it.
on November 6,2012 | 11:01PM
wiliki wrote:
It would have been nice to have the public option. Too bad Congress didn't agree.
on November 7,2012 | 02:01AM
group22 wrote:
Ummmm your obamacare is an example of big government. I know it's ok with you but I don't like the idea of the government telling me I must buy health insurance. Do you realize big government, via obamacare, will now determine the level of treatment doctors, even private doctors, provide? Do you realize big government, via obamacare, will have a negative financial impact on hospitals with the result being less, even wholesale layoffs, of nurses - how can this be good? Do you realize big government, via obamacare, will be the reason employers choose to pay the fine instead of covering the cost of employee healthcare - how can this be good? Do you realize big government passed obamacare without knowing what's in it - typical of big government. Socialism is equal results which is the goal of obamacare.
on November 7,2012 | 02:14AM
Grimbold wrote:
There are more people now who want things from government than giving back.Obama was their candidate.
on November 7,2012 | 04:00AM
IEBuzzin wrote:
Tax the rich more.
on November 9,2012 | 08:15PM
IEBuzzin wrote:
Oh you poor sad thing.
on November 9,2012 | 08:14PM
group22 wrote:
When you consider the mess he's inheriting, Obama's got a challenging 4 years ahead of him....
on November 6,2012 | 07:14PM
oxtail01 wrote:
This comment has been deleted.
on November 6,2012 | 07:15PM
Taisho808 wrote:
This comment has been deleted.
on November 6,2012 | 10:23PM
Grimbold wrote:
..and conditions like in third world countries will be the future. Just look at our roads and the mind-boggling deficit.
on November 7,2012 | 04:03AM
Grimbold wrote:
..and an end to prosperity.
on November 7,2012 | 04:01AM
IEBuzzin wrote:
Pua ting.
on November 9,2012 | 08:12PM
wiliki wrote:
Great news.... Now maybe Republicans will want to compromise and work for the people rather than against them.
on November 7,2012 | 01:46AM
5xcalibir2 wrote:
I'll be at the Bill Maher show at the Hawaii Theater on New Year's Eve....gonna be a good show!!!!!!
on November 7,2012 | 02:25AM
DowntownGreen wrote:
President Obama also won the popular vote by over 2.5 million, so your point is misguided.

I've never even seen an EBT card and I voted for him, but thanks for your divisive start to the forum.

on November 7,2012 | 06:33AM
MakaniKai wrote:
Yes! Begin Mr. President by returning Hawaii the state to Hawaii an independent Nation! We were ripped off then and continue to be ripped off into the 21st century. Seriously I can’t believe people do not see that fees and taxes will increase. Please tell me otherwise the fees and taxes my ohana pays will remain the same or decrease. Ua mau ke ea o ka aina i ka pono should really be changed as long as these islands remain the 50th state to: the powerful pay to play and the under educated vote. Aloha.
on November 7,2012 | 07:23AM
HD36 wrote:
This election was merely a choice in who is going to captain the sinking Titanic.
on November 7,2012 | 08:13AM
IEBuzzin wrote:
Please jump ship.
on November 9,2012 | 08:11PM
kennie1933 wrote:
What's really too bad is that no matter who won last night, the loser is a poor loser who will be out to sbotage whatever good the winner tries to do. The country is almost evenly split in the popular vote, and the two houses in DC are also split majority wise. When I was still teaching, one of the things I always tried to get across to my students was that you get better overall results with compromise, and they all did so with excellent results. For some reason, after a certain age, people apparenly lose that ability and "it's MY way or the highway" and "if someone I don't like is in charge, I'll do whatever I can to mess it up!" The democrats are not perfect, neither are the republicans. Each has good and bad ideas. Compromise....ain't gonna happen!
on November 7,2012 | 08:19AM
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