Romney didn't connect as well and many of the GOP base stayed home.
Plus, Romney (perhaps under the advise of the establishment Republican crew) failed to use the one thing that connects to those other racial demographics: FAITH-BASED ISSUES.
For all the criticism on Bush, let's face it. He's the last guy to win a presidential race for the GOP. He even got 40% of the Latino vote, up from 31% in 2000 (not much better than what Romney did).
The GOP establishment likes to avoid social issues like the plague, forgetting that the "value voters" were credited (by the right) and blamed (by the left) for Bush's re-election.
In many ways, this election was like the reverse of the 2004 election, as Democrats were in every bit of disbelief that Bush got re-elected as we are that Obama got re-elected.
That's why I said earlier, the talk from the conservatives and Tea Party folks will be that this listening to the establishment, putting moderates up to get beat down, is DONE.
The Dems didn't go to the center; they went to the left. The GOP doesn't need to go to the center; it needs to go to the right.
The church is the one venue that can bridge demographics and Romney didn't use it (or, at least, didn't use it effectively enough).
The GOP base came out in HERDS.
Why is it that you guys are unable to realize that your social stances are the problems... Sheesh.