Trying desperately to see the light at the end of the sewage pipe, we have always had to take a few step backwards after a 'forward step' period of social progress. The liberal 60s begat Reagan and Thatcher, rather than everlasting hippy love, after all. Bill Clinton led to Bush, and Blair to Cameron. The jubilation of Obama's election was always going to create a reaction of sorts, we just never thought it would be this bad. The biggest worry is that we've taken 50 years worth of steps back, rather than just the obligatory two.
The two curators of western civilisation over the last 300 odd years, have both shit the bed at once. All we can hope is that this galvanises the next generation of progressives in the same way Obama (not to mentionthe Fox/Trump/Sun/Mail/Murdoch empire et al) apparently galvanised the disenfranchised paranoid white cnuts who've yanked us back into the mid-20th century.
Its possible. As long as theres still a democracy to allow it, of course.