Obama celebrates his election night victory rally. Reuters/Jim Bourg
Wed Nov 7, 2012 3:41am EST:
In the wake of the US presidential elections it is suggested that bitter partisanship would likely remain very much alive in Washington in the new year. Reuters reports the elections also revealed that there was no broad mandate for much beyond the broadly shared goals of improving the economy and reducing government debt.
The report continues:
That means that undertaking bold new initiatives comparable to healthcare reform, financial regulation and economic stimulus programs will be a great deal more complicated for Obama 2012 than they were for Obama 2008.
Even so, Obama – now unfettered by not having to face voters again – is in position to pursue an ambitious agenda that could leave his mark on government for a generation or longer, including a move to revamp the nation’s immigration laws…
…Political analysts and strategists expect Obama’s second-term agenda to be layered with increased federal spending for education, job and energy programs.
But such an agenda will be complicated by the government’s $16 trillion debt and the looming “fiscal cliff” – a $600 billion tax increase scheduled to take effect along with mandatory spending cuts at the start of the new year unless Obama and Congress can agree on a deficit reduction deal.
However, the question remains: Does the election result really matter? Has a US election result mattered since the Kennedy era?
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Morcan Books & Films 
Great article.