Hell, the GOP could benefit from a Bush loss.
Not could, would.
Only to the extent that Kerry would be so bad for the country.
But, honestly, I think a Bush win will be very good for the party and for the country. If Bush is able to accomplish even some small pieces of his legislative agenda in the next four years, he could revolutionize politics in this country. Social Security reform and/or tax reform would change the debate in this country. It would be a significant blow to big government liberalism and the idea that the government can and should be the one to "take care" of the citizens. It could create a whole new generation of conservatives voters. Youth voters would adore the republican party for finally fixing the system that was bound to be an albatross around our necks. Low-income citizens would have some kind of investable account in their name that they could use to build wealth. Minorities who have in the past lacked the same economic opportunities as whites would have great opportunity to invest and build a nest egg. Workers could retire at a time of their choosing. And if social security reform were accompanied with at least some basic tax reform, this country could experience the biggest investment boom in our history. All of this would probably translate into growing republican majorities.