Election Results 2012: President Obama Re-Elected

Matthew Dowd discusses what the president's victory wins.
3:00 | 11/07/12

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Transcript for Election Results 2012: President Obama Re-Elected
president obama's victory. Matthew dowd, with us all last night, and here to breakdown the numbers for president obama. This is the number we were talking about yesterday. The president was more in tune with the changing america. You see that number, 72%. That was the number of votes last night held by whites. Four years ago, it was 74%. And not long ago, it was 90%. This is a changing america, which makes it a changing electorate. That's the thing that president obama was able to tap into. Single women, younger voters. But the lower number of white voters. That's what really, mitt romney, couldn't overcome on election day. What's happened with republicans, the republican party is a "mad men" party in a modern america. And it doesn't work anymore. The president had a bit of a wind at his back at the end of the day. We look at these numbers. Are the country on the wrong track. In august, it was above 60%. A year ago, 77%. People think, believe we are making progress. You combine this with in june, president obama can't win. And 20 points higher on election day. You combine that with what the electorate looked like and this number. It was a small but convincing victory. That was built on decent economic news that built up. And the president going after that strategy. And it worked very well. These two things put mitt romney at a disadvantage he could not overcome. Math ythew dowd, thank you very

This transcript has been automatically generated and may not be 100% accurate.

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