Republican control of both, or just one as long as the Senate has a filibuster option (unlike the recent disaster of a supermajority democrat senate—remember that Bush did nothing without the consent of the dems, he had bare majorities, unlike Obama) is a good thing.
Downside is it will improve Obama's chances in 2012 since he'll be forced into the center by congress. Americans want a centrist (center-right, if anything), which is what Obama ran on (even though he was clearly lying given his record (the part he allowed us to see, unlike, say, his previous records which were "lost")).
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