I'm going to go out on a limb and predict that the GOP holds both houses of Congress. Why? Am I so used to winning that I am blinded to reality? Perhaps. I'm not incredibly confident in my prediction, but if I end up being right I'll look really smart!
I'm not alone in predicting that the GOP will hold on to power for another cycle.
Of course, Dick Morris is more pessimistic.
In the end, though, it was corruption that did the GOP in. In the '90s, Republican legislators were lean, ascetic and ideological - Reagan Republicans. Now they've grown self-indulgent and pecuniary.
Speaker Dennis Hastert's son left his music store in Illinois to move to Washington to become the lobbyist for Google. Hastert himself used his position to fund a highway project that had a lot to do with a big profit on a land deal nearby. Then-Majority Leader Tom Delay put his wife was on his PAC's payroll; she made $300,000. Voters may expect this kind of corruption from Democrats (Senate Democratic leader Harry Reid has four lobbyist sons) but not from Republicans.
First the Republicans lost their virtue; now they'll lose their majority, at least in the House. What's ahead for the next two years? Not new legislation so much as investigations, subpoenas, hearings etc. Washington will be as effectively paralyzed as it was during President Clinton's impeachment trial. And, let us remember that it was in that incubator that Osama bin Laden was able to plan the 9/11 attacks.
If the Republicans lose it'll be because they've trumpeted themselves as the party of morality, but fallen far short.