From the conservative perspective I'm a little concerned about the next four years. My biggest disappointment during the Bush administration was how the government grew to new levels and I fear that Obama will continue that trend.
Our country was founded on individual liberties and responsibility and I see Obama going in the opposite direction. The whole concept of entitlements from government, such as health care, cash checks, and so on slowly chop away at the American spirit that spurs greatness. I think in an ideal world, the government's responsibility should be very limited to defense, infrastructure, educational standards, financial guidelines and little more. Get government out of the way and let the individual guide the country, economy and so on. There's rarely ever been a problem where government was the solution, typically it's the problem.
America is the most generous land in the world, giving away more wealth than many other countries combined. We should let this generosity flourish internally and abroad from the goodness of American hearts. Obama's redistributionist perspective is akin to stealing a steak from your neighbor's grill so you can feed another neighbor. Why not just let your neighbor invite them over and give out of their heart. This has worked, and worked well, for hundreds of years.
I don't want to clog up this forum with a rant, so here's a link to a blog post on my site entitled, American Values I'm Teaching My Kids... And You should too:
http://therogueparent.com/blog/?p=427