|It's evening in America.|
Broadly speaking, I think this could be a good opportunity for Democrats to position for the next election. If they can not fall into a cringing ball as usual and try to give a good showing against the GOP house majority, which will in all likelihood shut down the government and impeach Obama, things could work out in 2012. Also if the economy recovers a bit from quantitative easing, that might give Obama a bit more credibility. Two things are for sure: the next two years are going to be absolutely vicious, and nothing of substance will happen.