What with all of the Keynesian-ish methods with which President Obama has tried and spectacularly failed to stimulate the economy and to provide boosts to various politically-favored economic sectors, I have to confess that it’s just the tiniest bit gratifying that one of the few industries coming through the economic downturn with superbly flying colors is probably the one industry that many hardcore liberals would like to see shut down altogether. In 2008, gun sales surged after President Obama’s election, part of the explanation for which was that people feared a progressive gun-control crackdown. It was quite the healthy bounce for the world of firearms, except that the bounce hasn’t let up — at all.
Although nothing too drastic has come out of the current administration in terms of gun regulations (alas, but for that dastardly NRA and their horrid lobbying money preventing us from having a real conversation about firearms in this country, oh the humanity!), it seems that the prospect of a second Obama term (in which he’ll no longer be thinking about reelection and will hence have more, cough cough, “flexibility”) isn’t doing anything to quell the boom. CNBC reports that the gun industry has seen sustained high sales during Obama’s tenure, and is still going more than strong as we wend our way towards November:
“We are underserving the market at this moment, we all know that, and that’s a great opportunity going forward for us,” CEO James Debney said in a conference call with analysts.
And another gun maker, Sturm, Ruger & Co., also hit a milestone of sorts in terms of meeting consumer demand. It produced its one-millionth gun of the year…well ahead of last year’s pace.
Read more at Hot Air
