Neither Obama nor Romney were willing to get specific about the plans for carrying out their stated agendas. However, despite what Romney said, it was obvious that half the electorate saw him as a supporter of rich old white males - and they did not buy that as the solution to our problems. The Obama supporters, on the other hand, are ethnically diverse - and becoming more so. That demographic change in the Amwerican electorate is a reality that the Republicans need to recognize. Frankly, they will have to change their narrative in order to get back into the game - and their actions will have to speak louder than words during the next four years.
I believe that gives Obama a real chance to accomplish something significant in this term - Republicans will be forced to walk the talk of a new narrative and be willing to compromise or risk becoming the "third" party in a two-party system.
All is not lost, however. The Republican Party has several intelligent minority leaders as was evident during their convention. In fact they really stood out from the rest of the mostly white convention crowd. The party needs to put them in charge - and trust the direction they choose to take the party. If the next Republican convention gallery looks as white - compaired to the Democratic convention - the party will truly have become history.