Could Frank Luntz be right?

Newsweek sees trouble ahead for the GOP:

[P]olltaker Frank Luntz, who helped develop the "Contract With America" message that swept Republicans to power in 1994, was on the Hill last week warning the party faithful that they could lose both the House and the Senate in next year's congressional elections.
The Republicans' power outage is real — and the historical irony is as vast as Texas. Beginning in the 1950s, the Democratic Party of Texans Lyndon Johnson and Sam Rayburn built a congressional machine of unrivaled power. But starting in the '80s, led by a firebrand named Newt Gingrich, Republicans led a revolt from below in the name of smaller government and an ethically cleansed Congress. In 1989 Newt & Co. forced out Democratic Speaker Jim Wright — a Texan, too, who resigned over charges that he profited improperly from book sales — and five years later the GOP took control of the House after a Biblical 40 years in the wilderness. But it took the Republicans only 10 years to become yet another ruling party beset by charges of profligate spending, bloated government and corruption — a party led by two Texans, Bush and DeLay, who don't particularly care whether they are beloved outside their inner circle. To paraphrase David Mamet, the Republicans became what they beheld.
And there is much to behold.

The Republicans are four times as incapable of governing as the Democrats. But the House and the Senate? Howard Dean, Rahm Emanuel and Chuck Schumer have their work cut out for them.