rise like a rocket

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rise like a rocket (and fall like a stick)

rise suddenly and dramatically (and subsequently fall in a similar manner).
The origin of this phrase is a jibe made by Thomas Paine about Edmund Burke's oratory in a 1792 House of Commons debate on the subject of the French Revolution. Paine remarked: ‘As he rose like a rocket, he fell like the stick’.
See also: like, rise, rocket