In response to:

Why the Obama Bubble Still Hasn’t Burst

Quintus Tullius Cicero Wrote: Oct 08, 2012 8:20 AM
Only after the Republicans took over in 1994, and it was ending in 2000 when the telecom bubble burst.

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...