Consider how the economy roared after the 1994 Republican takeover of congress. This helped Clinton win a 2nd term. Same thing can happen for brack obama.
More like we will go bankrupt and implode. The economy is dead until he is out of office. The GOP House could Defund ObamaCare. If the GOP has some real guts that can ask him for his birth certificate.
Clinton went along with the Contract with America (mostly due to his pathological need to be liked by everyone). Obama doesn’t really care who likes him (except for Bill Ayres or George Soros) so any economic recovery from having a Republican Congress for him to run on is a pipe dream at best.