Whether you give up is irrelevant once you've lost for two years, short of making some coup power play. Now we won't have to worry about stupid amendments, though...that one about Schwarzenegger for president makes me curious. I mean, wouldn't that be so cool?
Anyhow, despite the health of the economy, the current administration has much to answer for. This is the byproduct of their error. Don't blame the Democrats; blame the bumbling leaders who motivated voters to support them.