By Fareed Zakaria
Over the course of this campaign, commentators on both sides of the political divide seemed to agree on one point: this was a campaign about nothing. Barack Obama’s supporters wanted him to lay out a detailed and ambitious agenda for his second term. Mitt Romney’s fans wanted to hear more about the radical restructuring of government. But in fact, by the standards of most elections, this was a campaign about something very big.
Obama and Romney presented two distinct visions of how to rebuild the American economy. Romney emphasized the need to cut taxes and spending and, in general, shrink government. Obama talked about core investments that would allow the country to compete in this century. (Both agreed, without being specific, that they would pursue their agenda while reducing the deficit.) This is not a trivial divide, and the fact that Obama won should have consequences.