Now that all the smoke is gone (lighter)
And the battle's finally won (give me a lighter)
Victory’s finally ours (Lighters up, lighters up)
History so loved, so long, so long, so long…

from Jay Z – History Lyrics on Rap Genius

Meaning

After a hard campaign, with rapper Jay-Z promoting him, Barack Obama was finally elected president on November 4th 2008.

Now we have our first black president of the United States.

To help improve the meaning of these lyrics, visit “History” by Jay Z Lyrics and leave a comment on the lyrics box