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Obama Re-Elected President of the United States

OTHER NEWS AFFECTING PROJECTS & PM

7 November 2012 – Washington, DC, USA – U.S. President Barack Obama was elected to a second four-year term in a hotly-contest election in the United States on Tuesday, November 6, 2012.  As of 9:00 a.m. on 7 November, President Obama had received 50% of the popular vote (59,659,966) against 48% (57,038,997) for challenger former Massachusetts Governor Mitt Romney.  In electoral college votes, which determine the presidency in the USA, Obama had 303 vs. Romney’s 206, with 270 needed to win the election.  President Obama was announced the winner just after midnight this morning.

Photo: Jeff Haynes, Reuters, courtesy of CSMonitor.com

In his victory speech, President Obama stated: “Tonight, more than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward… Tonight, in this election, you, the American people, reminded us that while our road has been hard, while 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…” Click here for the complete text of his speech.

In other election results, the Democrats gained several seats in the US Senate for a total of 51 seats vs. 45 for the Republican party.  In the US House of Representatives, the Republicans retained control with a total of 232 seats vs. 191 for the Democratic party.  Whether President Obama can make progress with the still divided US congress is now the big question for the next four years.  The looming “Fiscal Cliff” budget issue is the next big challenge for the US government, requiring resolution within the next two months.

For more information on the US elections, just perform a web search on the subject.  Results have been widely reported by the media around the world.

Editor’s note: While this news is not directly related to program or project management, it falls under the category of “other news affecting projects and project management”. Political leadership in the United States can have a significant impact on national and global political and economic issues, including many programs and projects.  In the United States, the impact of a presidential re-election is generally much less than when a new president is elected.  Some stability should also be seen in international markets and relations, with many programs continuing (although others may be disrupted or cancelled). This article was aimed at non-US readers, as most Americans will have followed the election results closely in real-time.