DENVER – It’s over. After a year-long campaign costing $2.5-6 billion (estimates vary widely), President Barack Obama has won a second four-year term, with 49 states reporting their results on election night (Florida, for the second time in four presidential elections, did not). Obama now has a chance to define the United States’ role in the international system for years to come.
Second terms can often be productive times for US foreign policy, largely because presidents cannot seek a third. George W. Bush, for example, used his second four years in office to fix mistakes made during his first (his second-term team was busy).