With the Saturday night call of the Nevada Senate race for Catherine Cortez Masto, the Democrats are assured of maintaining control of at least one chamber of Congress. At the moment, they have a 50-49 advantage, which can grow to 51-49 if Sen. Raphael Warnock of Georgia wins his December 6 runoff election against Republican Herschel Walker. This is literally the bare minimum acceptable result for the party, the nation, and the world. The Democrats will rue not managing to get over the top in the Senate elections in North Carolina, Ohio and, especially, Wisconsin, but they did not lose control, and that’s exceptionally good news. They will have two new Senators in Peter Welsh of Vermont, who replaces Pat Leahy, and John Fetterman of Pennsylvania, who replaces Republican Pat Toomey.

The Warnock-Walker runoff may seem to hold little importance now that it won’t be determinative of which party runs the Senate, but there is actually a big difference between a 50-50 Senate with ties broken by the vice-president, and an actual majority 51-49 Senate. Most obviously, in a 51-49 Senate, the Democrats will have majorities on each of the committees, which makes it easier procedurally to advance their agenda to the floor. It will be less time consuming, for example, to confirm the Biden administration’s nominees, including to the federal bench. It also makes is possible to move items that are opposed by a single Democratic senator, so Joe Manchin and Kyrsten Sinema will see their veto power diminished. As you can see, aside from the national embarrassment that would result from seeing Herschel Walker in the Senate, we have more concrete reasons for hoping that Warnock is victorious.

On the House side, there is still a tiny sliver of hope that the Democrats will hold their majority. Many people are treating this as a giant victory, and it’s easier to see why. Aside from the expectations leading into the midterms, which saw a Republican House majority as a foregone conclusion, even a narrow loss will defy historic trends. It’s just very unusual for the president’s party to avoid a wipeout in midterms elections, and the Democrats’ majority was perceived as too small to survive even a trend-bucking good night at the polls. In truth, however, it now appears clear the Republicans, if they hold on and take control, will only have done so due to a more effective and aggressive gerrymandering effort.

Yet, however good people feel about beating the odds, losing the House, if it happens, will still be catastrophic. The country will be ungovernable. There’s a decent chance the public will understand that the Republicans are to blame for this and it could help Biden get reelected, but the damage may be immense. We may default on our debts.

“A default by the U.S. government would be substantially worse than the collapse of Lehman Brothers in 2008, devastating global markets and the economy,” Beth Ann Bovino, U.S. chief economist of Standard & Poor’s, predicted earlier this year.

We may struggle to keep the government financed and operational. We may lose the ability to lead any coalition against fascism.

This is really my backdrop for everything, and the cause of my pessimism. The Democrats have much to celebrate, including significant wins in governors’ races and state legislatures, and success in ballot initiatives. But the country is still crippled by the current pathological condition of the Republican Party.

If the Democrats miraculously run the table on the still-uncalled House races and keep their trifecta, I will feel much, much better. If not, I will still feel like these midterms confirmed that the country has gone too crazy to be saved. The Republicans stripped us of reproductive rights and attempted a coup, and they were punished for it. But a sane country would have obliterated them.

Still, I do want to recognize the excellent work so many put into making this a very disappointing cycle for the Republicans.