Conventional wisdom has it that the Democrats blew California congressional redistricting when they controlled the whole procedure. They opted for a plan that protected their incumbents. They also protected the Republican incumbents as a result.
In 2000, Mike Honda took an open seat, while Adam Schiff, Jane Harman, and Susan Davis knocked off Republicans. These seats were viewed as vulnerable, as well as those of Lois Capps, Cal Dooley, and Ellen Tauscher, all of whom won re-election with less than 53% of the vote. So the Democrats had a lot to protect. And they didn't lose any of these seats in the next five elections. So Democrats can say they succeeded in their goal.
While a lot has been made of the Democrats not winning any Republican seats, but Barack Obama won 9 of the 20 districts Republicans held at the beginning of the decade. Since Al Gore won none of them, there clearly was eventual opportunity in the seats. Democrats may just not have had good enough candidates to knock off Republican incumbents.
There were several Democratic incumbents who, if their districts had moved to the right, could've been in real trouble. They were able to make 31 of the 33 seats at least D+7, Democratic enough that a move to the Republicans was unlikely to endanger the seats.
While all the closest ones moved to the left between 2000 and 2008, George Bush won two of the districts in 2004 and nearly won a third. The Democrats probably made too many of their seats safer than they needed to, but while there were a few close calls Democrats held the seats. Could the Democrats have foreseen California's leftward move or that there'd be two Democratic wave elections? If the answer is yes, then the Democrats definitely blew it. If not, then the Democrats successfully held the seats they had.
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