I wouldn't say that, Dubya still has strong support, Rove has a SS plan on the back burner that sounds promising and there's a war coming on. I don't know if it "looks bad" just yet.
What is going to look bad is if the same voters who have handed us the Presidency and the Senate TWICE now begin to see us as the party of compromise. It will take some time, but if we don't actually deliver on some of these issues we have been rambling about for years, eventually it's going to catch up with us.
But that will take a while, Americans have too much else on their plate right now for it to have an immediate impact.
Look for it in the run up to the 2004 elections when all eyes are going to be plastered on the homefront.