Rob Rogers by Rob Rogers

Rob Rogers

Comments (17) (Please sign in to comment)

  1. cenright

    cenright said, over 1 year ago

    The stock market and the economy are two very different things.

  2. ConserveGov

    ConserveGov said, over 1 year ago

    I’m sure the record number of people on food stamps are making a KILLING during this bull run………

  3. masterskrain

    masterskrain GoComics PRO Member said, over 1 year ago

    I world think all the Obama-Hating, rich Republican C.E.O. 1%ers in the country would be ecstatic right about now!
    They can take all their corporate profits from the bubble, and stick them in their offshore accounts before the Dow collapses.
    And, it will, since it’s an artificial rise in the markets.

  4. Harleyquinn

    Harleyquinn GoComics PRO Member said, over 1 year ago

    pop will go the bubble

  5. lonecat

    lonecat said, over 1 year ago

    @HOWGOZIT From wikipedia:

    “The US bear market of 2007–2009 was declared in June 2008 when the Dow Jones Industrial Average (DJIA) had fallen 20% from its October 11, 2007 high.12345

    The DJIA, a price-weighted average (adjusted for splits and dividends) of 30 large companies on the New York Stock Exchange, peaked on October 9, 2007 with a closing price of 14,164.53. On October 11, 2007, the DJIA hit an intra-day peak of 14,198.10 before starting its decline.

    The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,443.27 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high.6 The bear market reversed course on March 9, 2009, as the DJIA rebounded more than 20% from its low to 7924.56 after a mere three weeks of gains.7 After March 9, the S&P 500 was up 30% by mid May and over 60% by the end of the year."
    +
    The point here is that when you say “the DOW just got back to where it was during the Bush Administration” you seem to imply that the Dow maintained the high it reached until the end of the Bush Administration. In fact (if you care about facts) the crash began in the fall of 2007, when Bush was still president. The low point came in March of 2009, when Obama had only recently become president, but the markets reversed course at that point and they have steadily improved during the Obama administration.
    +
    Notice that I’m not blaming Bush personally nor am I praising Obama personally. The president has only a small influence on the economy. The economic problems that burst during the Bush administration were the result of a lot of policies and practices over a long time. But your comment is either ignorant or deliberately misleading.
    +
    The rise in the DJIA does not, however, reflect the overall condition of the economy — partly because corporations have figured out how to make lots and lots of money without employing a lot of people in the US. (Many pension plans, however, are heavily dependent on the market, so for a lot of people not directly in the market, the rise is still in part a good thing.)

  6. PocketNaomi

    PocketNaomi GoComics PRO Member said, over 1 year ago

    @cenright

    Not to Republicans.

  7. Rockngolfer

    Rockngolfer said, over 1 year ago

    Chris Matthews asked the question “Why do some people hate Obama so much?”
    He didn’t come up with an answer. I understand that people watch bogus news shows and get caught in a bubble of not knowing what is happening in the world. It has to have something to do with race. I don’t understand where the haters get their hate.

  8. masterskrain

    masterskrain GoComics PRO Member said, over 1 year ago

    @Mr. King

    Not predicting, but I think it will happen eventually…

  9. Harleyquinn

    Harleyquinn GoComics PRO Member said, over 1 year ago

    @Mr. King

    Where were all you economic geniuses back in 2007?"
    Telling Harry Reid to stop telling us there is no housing crisis.
    Bush had a noble goal of home ownership for the american people. The D controlled house and Senate turned that into a nightmare of everyone should have a home mortgage. Harry Ried and Nancy P made sure loans that could not be repaid where shoved down the banks throat . And Reids boyfriend got very rich from it.

  10. Rad-ish

    Rad-ish GoComics PRO Member said, over 1 year ago

    The rednecks can’t recognize that the cartoon is a satire.

  11. NeoconMan

    NeoconMan said, over 1 year ago

    @ConserveGov

    ConserveGov said, “I’m sure the record number of people on food stamps are making a KILLING during this bull run…”


    CAREFUL there, Gov, you are getting dangerously close to voicing support for the poor which is a LIBERAL position.


    Leave that one up to them; Conservatives support the DOW making us richer.

  12. Rickapolis

    Rickapolis said, over 1 year ago

    The presidents leadership is the only thing that will turn the GOP mess around. He’ll do it.

  13. M Ster

    M Ster said, over 1 year ago

    @lonecat

    lonecat, you gave a long, detailed, accurate response to a low-information person whose mind is already “full”.

  14. Harleyquinn

    Harleyquinn GoComics PRO Member said, over 1 year ago

    @1opinion

    http://washingtonisbroke.com/category/Tags/housing-bubble

  15. Nos Nevets

    Nos Nevets said, over 1 year ago

    Printing money looks good in the short run.

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