AceShowbiz - Former President Barack Obama and First Lady Michelle Obama have expressed disappointment but acceptance of the results of the 2024 U.S. presidential election, in which Kamala Harris was defeated by Republican candidate Donald Trump.

In a joint statement, the Obamas acknowledged their "profound disagreements" with the Republican ticket but emphasized the importance of democracy and the peaceful transfer of power. They stated that Harris and her running mate, Minnesota Governor Tim Walz, had run a "remarkable campaign" and commended the staff and volunteers who supported them.

Obama also addressed the challenging economic conditions facing the country, citing the ongoing pandemic and its subsequent price hikes, as well as rapid change and the feeling among many Americans that they are "treading water" despite their hard work. He argued that these conditions have created obstacles for Democratic candidates worldwide but stressed that the problems they present are solvable through collaboration and adherence to constitutional principles.

The Obamas urged Americans to extend good faith and grace to those with whom they disagree, emphasizing that progress requires such compromise. They expressed their confidence that the country can continue to move towards fairness, justice, equality, and freedom.

Despite their efforts to support Harris' campaign, with Obama appearing at rallies and Michelle Obama headlining events, the Republican ticket ultimately prevailed. Harris, in her concession speech, expressed disappointment but encouraged her supporters to continue fighting for their vision of the country.

The Obamas' statement reflects their commitment to democracy and their belief that even in defeat, important progress can be made in the future.