Robert Samuelson thinks not:

The Obama infatuation is a great unreported story of our time. Has any recent president basked in so much favorable media coverage? Well, maybe John Kennedy for a moment; but no president since. On the whole, this is not healthy for America.

Read the whole thing here (via RCP). For what it's worth, Samuelson is exactly right. Now what?

In all seriousness, there is literally nothing WE can do to change this reality. In fact, our initial petulant reaction to our loss of power (and credibility) has exacerbated our decline and our irrelevance.

My advice: hunker down and ride out the storm. We need to be introspective--not obnoxious. We need to be thoughtful--not provocative. We need to be getting our conservative house in order. Distractions like Sonia Sotomayor are small potatoes. The coming existential crisis will require a healthy conservatism. The survival of our nation as we know it probably depends on our preparations during this nadir.

It is time to get serious and start thinking long term.

Let us begin...