How historic is the house seat loss for Obama?

I have been hearing tons of news and media types talking about how big and historic the house seat losses for the dems will be.  As a Political Scientist this is really, really, really annoying. There is a seat loss in the mid terms historically (see graph).

Okay lets look at the numbers; it looks like every midterm during the first term in the last 40 years with the exception of the 2002 election ( 9/11 explains why bush gained seats) has the new president losing a number of seats. This election is less historic as it is desperate. The mode of the country is one of desperation. But the seat losses are not without a record. People, this is normal. It happened to Clinton in 1994. Remember, contract for America and Newt? This is normal.

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