Should The Democrats Panic?

Maybe a little says Nate Silver:

My 30,000-foot view is that between the pressures of the jobs situation and the health care debate, the Democrats are in fairly bad shape. But, there's a long way to go before next year, and their situation does not seem to be quite as bad as it was in August.

Certainly, if I were the Democrats, I'd be adopting a fairly defensive posture, putting money into defending seats -- especially those held by non-Blue Dog incumbents -- rather than getting cute and trying to pick off more than a handful of potentially vulnerable Republican seats. I'd also be thinking about policies -- like a jobs package and financial regulation -- that tap a little bit into the populist spirit and might result in somewhat awkward Republican positioning. 

When will people realize that Obama is a strategist, not a tactician? If you cannot see the long-term game here, and the fact that the Republicans are merrily laying the foundation for their own potential implosion, you're not watching closely enough.