The election of 2012 was so contentious that chances are each side was completely convinced that it was going to win. Those on the losing team were probably emotionally devastated, although they are not likely to admit it.
Committed partisans of any stripe often believe that the fate of the entire world will rise or fall depending on the results of their preferred election campaigns. Those who do not suspend healthy skepticism in service to their deeply held beliefs are better able to put politics in perspective. In other words, it is never the end of the world.
Changes in Congress
The election increased liberals in the Senate and the House of Representatives largely remained the same, controlled by conservative Republicans. With the House, the question is just how conservative that body will remain. Several outspoken Tea Party members lost their seats and while this will not have a profound effect, the overall tenor of the election and how the GOP does or does not change its political strategy as a result, will.