We congratulate President Barack Obama on his re-election to a second term. Now that the long campaign is over, we hope that the two parties will work together and address debt, deficits and entitlement reform. Also, elements of the health care reform law remain unpopular and need to be reviewed. There needs to be tax reform and there needs to be progress on ending the war in Afghanistan.
Unfortunately, we remain pessimistic that much can be accomplished with President Obama and Congress. The president was re-elected, but it was accomplished through attack ads, rather than by trumpeting any accomplishments. He has no mandate. The stimulus, the health care reform, the economy, were largely issues that the president's campaign avoided. More effective for the president were several hundred million dollars in attack ads depicting Romney as a heartless capitalist who enjoyed laying off thousands of workers.
Nevertheless, the president did what he needed to do to win, and again, we hope his second term will be a success. If that is to occur, both sides of the congressional aisle need to compromise on issues.