In response to:

Why the Obama Bubble Still Hasn’t Burst

LetsDiscussThisCivilly Wrote: Oct 08, 2012 12:10 PM
But none of her comments address why the affluent, educated, mostly married with children, politically active, lily-white (93%) residents of the city I live in vote overwhelmingly for Democrats. I am an anomaly here.
Buck O Wrote: Oct 08, 2012 12:39 PM
I'd say it's likely that they view themselves as "elite" "protectors" of the rest of us, and they believe they can make decisions for the whole country better than the hoi polloi. Unfortunately, the stupid voters are ready to let them do it.
rman859 Wrote: Oct 08, 2012 12:29 PM
White Guilt, wanting to be seen as "compassionate" in spite of not giving to charity, Those who get their news from Oprah or the View. Lazy people, Marxists.
Henry VIII Wrote: Oct 08, 2012 12:22 PM
Where do you live? Where you live can explain a lot...the Republic of San Fransisco, NY City, college towns, Chicago are all bastions of liberalism. Detroit, Cleveland, and the Calumet Region of NW Indiana are hot beds of poverty and blue collar unions.

Can there be political bubbles like financial bubbles?

Financial bubbles, inflated by hopes and dreams, burst when reality negates any possibility that those hopes and dreams will be realized. At that point, sky high stock or bond or real estate prices come crashing down to earth.

Can the same thing happen in politics? Can a skilled politician, who has become popular with soaring rhetoric and promises, deflate when it starts becoming clear that he is not going to deliver?

Of course, I am thinking about our president.

Mitt Romney demonstrated in the first presidential debate that the considerable gap...