2 years are left in the current presidential administration. Like Congress, it's very likely that the position will become more liberal. That won't solve all of the country's problems, though, as the stench of the previous administration will linger on for years. But that will be something the current president at the time will have to deal with and the nation will look to him/her to make things right. He/she will rapidly become the new scapegoat and centerpiece of controversy, the butt end of political humour, the cause for the ascention of new Rush Limbaughs.
And what about ol' Georgie boy? He'll be a thing of the past, nothing more than a chapter in the US history books. What's interesting to ponder is how will history view this man? Because the world had to endure 8 years of this man's blundering, we all know him as one of the nation's most inept leaders of all time. All one has to do is read over his speeches and review his actions and it's quite clear he has no idea what he's doing or how to successfully run a nation. But 30 years from now, or even 5 years from now people won't know about the Bushisms that border on hilarity and/or consternation, they won't see the blank looks he gave reporters when they asked him questions or hear him blundering in an attempt to give a response that makes sense. They'll just read about the facts of what happened.
Here we have a president whos family and friends made much of their fortune through the oil industry. During his term, he was able to increase his profits and the profits of his supporters over ten-fold. How? This all began with 9-11, which was the perfect excuse for Bush to declare war on a Middle-Eastern country. And while the nation had supported Bush's decision to send troops to the Middle East at the time, he decided to take it one step further and send troops to other nations in the area as well, knowing well that that action would drive up the price of oil. He did it and he did it for years, he was unrelenting, and regardless of what intelligence reports showed or how the public felt he continued on his crusade.
Was he a political/economic mastermind or just a lucky blundering idiot much like Inspector Clousseau from the Pink Panther?
We'll have to wait and see what historians write.