Barack Obama re-elected as US President

America reasserted its trust in President Barack Obama after he won a second straight tenure in the White House. In line with projections, the incumbent Democrat President had a close fight with his Republican challenger Mitt Romney. However, Obama managed to squeeze out a narrow victory by going past the 270 electoral votes mark ahead of Romney even as results from some key swing states are still awaited.

As of per the latest projections, Obama is expected to win 281 votes as against 201 by Romney.

As soon as it became clear that he will win over be re-elected, Obama tweeted: “We are all in this together. That’s how we campaigned, that’s who we are. Thank You.”

Seconds later he tweeted again with a picture of him hugging Michelle. The tweet read: “Four more years.”

The battle was close by all standards but Obama maintained a slender lead right from the beginning and built up omit by winning important swing states Michigan and Pennsylvania. Obama has also won Massachusetts, New Jersey, New York, Connecticut, Maine, Maryland, Illinois, Rhode Island, Vermont, New Hampshire, Minnesota and Washington DC.

Although the results from Ohio and Florida are yet to come in but given the huge lead Obama has over Republican Romney, the incumbent President will continue doing the most powerful job in the world. In both states, Obama and Romney are engaged in a neck-to-neck fight with the difference between the two as little as 1.5 to 2% in Obama’s favour.

As per CNN projection, Obama will also win Wisconsin, North Carolina, Iowa, Oregon and New Mexico.

Challenger Mitt Romney gave him a tough fight after he wrested Indiana and may even also win Virginia but that may not be enough. He made inroads and won Kentucky, Oklahoma, South Carolina, Alabama, Georgia, Wyoming Indiana, Kansas, Louisiana, Mississippi, Montana, Nebraska, North Dakota, South Dakota, Tennessee, Arkansas, Texas, Utah and West Virginia.

At least 120 million people have voted to decide between the Democratic incumbent and Romney after a long, expensive and bitter presidential campaign centered around how to repair the ailing US economy.

Obama has a tough job in hand, the most important being to bring the economy back on track. He has pledged to raise taxes on the wealthy if he were to be re-elected, it remains to be seen whether he will be a bale to walk the talk.