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By tradition Pelosi would be expected to resign her leadership position after such a stunning repudiation by the electorate, but as a self-centered liberal she insists on becoming the next Minorit
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Democratic loses could be attributed to the [[Recession of 2008]], which continued into the [[Obama administration]]. The public had weak confidence in [[President Obama]]'s economic policies. In the days leading up to the election, a majority of voters supported repealing/replacing [[Obamacare|The Patient Protection and Affordable Care Act]], sixty-five percent of voters said that the [[economic stimulus package]] either hurt the economy or did no good <ref>http://www.cbsnews.com/8301-503544_162-20021591-503544.html</ref>, and fifty-four percent of those voting said they were dissatisfied with the performance of [[Barack Obama]]. Given the high level of Democratic success in the 2006 and 2008 elections, they were also put in the position of having to defend a large number of seats.
 
Democratic loses could be attributed to the [[Recession of 2008]], which continued into the [[Obama administration]]. The public had weak confidence in [[President Obama]]'s economic policies. In the days leading up to the election, a majority of voters supported repealing/replacing [[Obamacare|The Patient Protection and Affordable Care Act]], sixty-five percent of voters said that the [[economic stimulus package]] either hurt the economy or did no good <ref>http://www.cbsnews.com/8301-503544_162-20021591-503544.html</ref>, and fifty-four percent of those voting said they were dissatisfied with the performance of [[Barack Obama]]. Given the high level of Democratic success in the 2006 and 2008 elections, they were also put in the position of having to defend a large number of seats.
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It is likely that [[John Boehner]] (R-Ohio), will become [[Speaker of the House]] in the 112th Congress, exchanging places with [[Nancy Pelosi]] (D-California), who will be the new Minority Leader.  
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It is likely that [[John Boehner]] (R-Ohio), will become [[Speaker of the House]] in the 112th Congress, exchanging places with [[Nancy Pelosi]] (D-California).  By tradition Pelosi would be expected to resign her leadership position after such a stunning repudiation by the electorate, but as a self-centered [[liberal]] she insists on becoming the next Minority Leader.  
    
===Fund raising===
 
===Fund raising===
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