Dave Schuler is listing good things about an Obama administration:
From my perspective by far the best thing about an Obama Administration with solid majorities in both houses of Congress is that Democrats will need to take ownership of our foreign policy. That gives us at least a chance of having a bipartisan foreign policy for the first time in decades. This is make or break time for the Democrats on foreign policy and the military. If they take the horse by the reins and are successful, it will strengthen our hand in the world enormously. If they fail or, Hamlet-like, are unable to decide one way or another it will be a generation before a Democrat sits in the Oval Office again.
I’ve long made a similar argument.