The cause of Obama's freefall in the polls can be reduced down to one simple word, "Credibility." Credibility is the board game of politics and the rules are fairly simple. Politicians begin their terms with a certain amount of credibility points that they can spend either on policies that will benefit the public or their own pet projects, hopefully both. The politician gains credibility points if things are going well for the average American, and loses credibility points when things go badly and his policies fail to make things any better.
That of course is how politics works. You either deliver or you don't. And if you don't, you might get to keep your job if you're lucky, but don't count on much support from anyone but your hard core backers. Because while American politics are on life support, they haven't gone so far down the toilet that people will forget their own economic problems just to cheer a politician for nothing more than having a big smile and appearing constantly on TV. Not for long anyway.
As Obama has now discovered, the American people can be excessively tolerant, but they aren't stupid. And instead of realizing that with the Wall Street and auto union bailouts, he was actually spending credibility points without the average American having anything to show for it, Obama and his lackeys actually thought that getting into the White House meant an endless free ride. Now they are slowly beginning to realize they were wrong.
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-- Political Pistachio Conservative News and Commentary
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