5 Election Day lessons for the GOP

Tuesday didn't turn out the way Republicans hoped. What can they learn from this debacle to improve their odds the next time around?

Mitt Romney pauses during his concession speech on Nov. 6: After coming up well short in battles for the Senate and White House, the GOP has some serious soul-searching to do.
(Image credit: Joe Raedle/Getty Images)

Republicans' high hopes for this year's elections have been dashed. President Obama was struggling with low approval ratings, and the middling state of the economy seemed certain to drive voters into Mitt Romney's camp. There were enough vulnerable Democratic senators up for re-election that the GOP was understandably bullish about its prospects of seizing control of the Senate, which, with their strong House majority safe, would have given them newfound power to accomplish conservatives' mission to slash taxes and spending. Yet Obama beat Romney with a solid majority in the Electoral College, along with an edge in the popular vote, and Democrats added to their narrow Senate majority thanks to a string of victories in high-profile races in Massachusetts, Montana, Connecticut, Virginia, Indiana, and Missouri. What happened? Here, five lessons Republicans should take away from their losses:

1. The GOP has a huge Latino problem

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