Well we survived 8 years of Bush, I'm sure you'll hack your way though 4 more years of Obama.
What you should be worried about is the the Republican brand is so tarnished and diminished that it's not even viable in some of the largest areas of the nation. Here in some of the most affluent and productive lands in the US the Republican's didn't even run a candidate for State Assembly, and their candidate for Congress was a complete mystery until you read their name on the ballot. Not a single yard sign, billboard, ad, flyer (and I got enough flyers in the mail to wallpaper a medium-sized house) or bumpersticker did I ever see for them. Basically, they've bugged out and ceased to be a viable political party, conceding this area (Marin and Sonoma) to Democratic control.
And it's not just here, it's become pretty much pro-forma in the largest population areas (and most productive areas) in the county, and that' fast reducing the Republican party to a regional rump party of the poorest and least productive areas. Check it out, the Dems' basically start any national election now with about 240 electoral votes, thus meaning the 'Pubs have to run the board on the rest, and have not done so recently. Largely because they don't put up anyone who anyone really supports.
Here are the real facts:
In the 10 best educated states, Obama won 10 out out 10, while Romney won 9 out of 10 of the least educated states.
In the 10 most affluent counties in the US, Obama won 8 of them. (He could't even carry the 1%)
In his home state, where his father was governor, he lost.
In his other home state, where he was governor, he lost.
His Veep, also lost his home state, hell, he lost his home town.
So I don't think we're going to slip, it's possible we're going to gain. Dropping two unpopular wars (that were going nowhere) and not starting another one is going to be a good thing. Fairness in taxation is important too. To far more than just the Obama voters as it turns out. The US has done well, awesome in fact, with much higher tax rates, I'm sure well make it through this round too.
And while the 'Pubs are going to form a circular firing squad and chase off the remaining normals in a rush to 'run a real conservative this time' (Can't wait for that very special Santorum/Bachman ticket next time either, I'll tell 'ya that, oh that's going to pick up the missing votes won't it?) the Dem's are going to fall in line behind their only logical choice, and go into 2016 with a full head of steam and little to no internal resistance. With that election the Court will finally turn, and with it, America.
And reading news, no matter how much of a special skill it is - is not reporting. They might try that aspect of 'news' on occasion. Because they were not just wrong, they couldn't have BEEN MORE WRONG.