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President Barack Obama waves to the crowd at his election night party Wednesday, Nov. 7, 2012, in Chicago. President Obama defeated Republican challenger former Massachusetts Gov. Mitt Romney. (AP Photo/M. Spencer Green)

Obama powers to re-election despite weak economy

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WASHINGTON (AP) — President Barack Obama rolled to re-election Tuesday night, vanquishing former Massachusetts Gov. Mitt Romney despite a weak economy that plagued his first term and put a crimp in the middle class dreams of millions. In victory, he confidently promised better days ahead.

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