Firstly, I'm breathless and thrilled to see Obama elected. Congratulations to everyone who voted. Obama's election is a vindication that America is truly an exceptional place, even if American exceptionalism as an ideology has been misused and abused in the past decade.
On another point that generally adresses American politics a few pages back.
Trying to place American politics on the global liberal/conservative scale will not make sense.
On the social issues, America is easily right of centre, but demographically, the US is far more diverse than any single European state, which tend to be highly historieid, generally homogeneous culturally, ethnically and certainly politically (even if they have large minorities) and much smaller in size.
I don't claim any expertise but I think its fair to say that for Europeans in particular to comprehend the complexity of the United States is to imagine a Europe with Turkey in the Union, plus the conservative eastern bloc states, in a federal system where there is no Nicholas Sarkozy running France, or an Angela Merkel running Germany, but a Pan European candidate.
And imagine Turkey + Eastern bloc's population advantage trumping Western Europe's more progressive lean on these pan European federal votes and you can begin to grasp why calling American's dumb for electing W. or backwards for failing to pass legislation your country passed when they are much smaller and more alike, is often misguided.
Cheers, and let me say again. Congratulations America.