@farmerman,
Well farmerman, it's now four months later and the November elections are only about 10 weeks away. The unemployment issue still looms: total employment is in fact declining slowly, while the unemployment rate (the % of workers out of a job and still looking for one) remains stuck (conveniently for the Democrats) just below 10%. The stock market is declining; the U.S. trade deficit increasing; and businesses everywhere avoiding risk and conserving cash in anticipation of steep rises in health care premiums, increased taxation, and increased government regulatory intrusion into their operations that they can neither forecast or influence. These same conditions keep entrepreneurs, who might otherwise be starting new businesses with new products and services, on the sidelines, awaiting more favorable conditions for their risky ventures.
We have adopted social welfare programs (healthcare and extended unemployment benefits) that make the affordable assimilation of large numbers of immigrants far more difficult. However, the administration has chosen to evade that fact and politicize our current immigration system - one which is unable to deal with either the number of immigrants who wish to come here legally; police our borders; or even deal effectively with illegal residents who commit crimes - merely to enhance its appeal to legal and illegal hispanic voters. At the same time it is cracking down on residency permits for badly needed foreign workers, posessing skills needed for U.S. businesses. The inevitable result will be the flight of those businesses to more favorable climes - just as happened to the U.S. textile and manufacturing businesses. This. of course, will reduce U.S. employment, further exacerbate our trade deficit, and hasten the collapse of the dollar.
The president, who strangely remains more popular than his party, is increasingly given to scolding the public even on issues that don't really call for his attention, and don't really involve any fundamental rights. The issue of the Mosque in lower Manhattan is an example. He appears to take even reasonable criticism badly, and shows more than the usual propensity of politicians to blame the issues before him on others, now long out of power. This leads me to believe that his popularity, now down by a large margin from the early days, will continue to erode.
My bet is the Republicans will win a (slim) majority in the House of Representatives and will pick up at least five seats in the Senate, but remain the minority party there.