In a New York Times magazine article, BO sounds like he's coming to grips with the likely outcome of the election. He says republicans will either have a modest win or a big win. The funny thing is that he says they "will have to learn to get along with me".
Republicans will be busy undoing the disaster that BO has created and preventing it from getting worse. BO can say that republicans are the party of 'No', but that's rather naive. There's a fundamental difference in philosophies that goes beyond simply saying no and he knows that very well.