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So what can be taken away from this election?
So does the class problem
This issue was magnified by the fact that Republicans nominated a former private-equity executive, who allowed himself to be caricatured as a heartless corporate raider.
But the election laid bare, in the post-Lehman Brothers, post-housing crisis era, the extent of the class divide.
To wit -- Elizabeth Warren, the populist crusader who was also a fairly flawed Senate candidate, won handily in Massachusetts against a fairly popular, centrist Republican.
The existence of the video in which Romney dismissed 47 percent of Americans at a fundraiser merely stoked the anger. The issue of "fair share-ism" was on display in the presidential campaign, and Republicans will need to address it ahead of 2016.
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The WSWS gives its take on last night's festivities:
The vote is an expression of deep popular hostility to both the social layer personified by ex-Bain Capital CEO Romney, i.e., the financial parasites responsible for the 2008 crash and the subsequent economic slump, and to the ultra-right politics of the Republican Party. It also shows there are remaining illusions within the working class that Obama, despite his record over the past four years, represents an alternative to Romney and the financial elite, although popular support for Obama has diminished significantly since 2008.
Many who voted for Obama did so to keep Romney and the Republicans out, not because they were enthusiastic about a second Obama term.
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