Fox News has taken exit polls over the past day to give you a better picture of why President Obama won re-election last night and why Mitt Romney lost.

For Romney, Ohio was the battleground state that he simply could not afford to lose, but he was defeated by about two points. Obama's decision early in his first term to bail out the U.S. auto industry may have played a large role in voters' decisions in the Buckeye State.

In Ohio, it appears that the president's arguments about much of the country's economic woes being a byproduct of the Bush years resonated with voters.

Nationally, the total wasn't much different, with 53 percent assigning more blame to the Bush administration, and 38 percent placing more blame on President Obama.

On a national level, much was made by the Obama campaign about Romney's supposed "war on women." Female voters once again supported Obama heavily, with Romney only gaining a point from John McCain's 2008 performance.

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Just like in 2008, the youth vote - those between ages 18 and 29 who make up 19 percent of the electorate - gave President Obama a big boost.

Mitt Romney was expected to win among men, and he did, but it was not enough to close the gap from Obama's advantage with women, minority voters, and young people.

Many analysts felt that the arrival of Hurricane Sandy gave the president a boost last week by allowing him to display leadership in front of the American people, as well as taking away valuable campaigning days from Gov. Romney.

The central theme of the Romney campaign was, "Are you better off than you were four years ago?" But this national survey shows only one-third of voters feel worse about their financial situation than in 2008.

Despite the poll below, the popular vote is in favor of President Obama. With votes still to be counted, the president holds an edge of about 1.5 percent over Gov. Romney.

Romney lost the race despite convincing slightly more voters that he was the better choice to handle the economy, which is the top issue on Americans' minds. He also fared slightly better on the question of the federal budget deficit.

President Obama's big advantage among union members was a key factor in helping him carry states like Ohio, Pennsylvania and Wisconsin.

Tell us what you think! What was the most important factor in your Election Day decision?

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