Perhaps it's not to do with the ability of a lead balloon to rise or fall per se, but rather with the fact that a lead balloon would bloody useless. Like a chocolate teapot. Or perhaps it is, and by 'go down' they meant 'fail', 'sink', and it's merely coincidence that we now also use the phrase 'go down' to mean 'be received'.
no subject
Date: 2007-07-17 11:04 am (UTC)