The bad news: In a sign of how hostile the election environment remains for the party, the cautious optimism is largely due to the view that the impending political hurricane could be downgraded from category 5 to category 4.
I should remind everyone that Katrina was a Category 4 when it made landfall.
The storm surge that hit Mississippi was bad enough. What really sunk things was when the levees broke and New Orleans filled up like a bathtub.
That event redefined for everyone the question of whether the glass is half empty or half full. Irrespective of whether you thought New Orleans was half empty or half full, it was still flooded and still a mess.