You'll be eating your words if they are even moderately successful at getting their pork barrel projects passed. Remember the bench marks as of election day 2006:
An understated number given that many have left the workforce or taken a permanent downgrade in job status.
Annual inflation rate: 4.3%
You can have that inflation rate. Any more than 2% is a serious problem.
Deficit as percent of GNP: 2.7%
It's not terrible, but you should be using GDP and not include the account surplus of Social Security.
If things were as good as your post asserts, Bush would have had a landslide and Congress would be Republican. He didn't and it isn't.