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Why the Obama Bubble Still Hasn’t Burst

rickmcq Wrote: Oct 08, 2012 9:42 AM

Kind of a broad brush there, Bill. Gallup is now reporting that only 38% of Whites who claim to beieve in God and attend church regularly support Obama. There are plenty who are opposing his re-election.

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Why the Obama Bubble Still Hasn’t 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...

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