you're reading...
'everything that's old is new again', action, agenda, analysis, anger, anti-gun, customer service, dysfunction, economics, evil, gun control, gun culture, history, laws, politics, The President, tyranny, vigilance

Is Trump Causing a Slowdown in Gun Sales?

Politics works in mysterious ways. The more firearm regulations former President Obama tried to push through Congress, the higher gun sales became. Obama himself was lampooned as “the best gun salesman on the planet” by some industry insiders.
Obviously, the threat of overbearing regulation has faded in the era of the Trump administration. While one may think that a loosening of the reins would encourage more gun sales, the exact opposite has occurred. Gun stocks are down, and so are profits.
What is the explanation?
For all of his bluster, Obama was actually able to do very little about regulating firearms during his time in office. Yes, he was successful in bolstering the amount of total background checks processed. However, the Congress blocked all of his traditional legislation on the issue, and his Executive Orders addressing the topic have been all but completely overturned.
As it turns out, Americans were buying more guns on the threat of gun regulation rather than on any actual policy. Because Americans thought that certain types of rifles and add-ons such as sidearm silencers would soon be difficult or impossible to get, they stocked up. With Trump, there is no talk of gun regulation. Second Amendment rights advocates are no longer in a frenzy thinking that gun rights will disappear in the near future, so the new additions to the cache can wait.
The second factor that may account for a drop in gun sales is a level of satiety in the market. When Americans stocked up on guns during Obama’s term, they really stocked up. Contrary to popular belief, the modern American under Trump believes that they have enough guns – for now.
The Trump slump is a serious issue for the firearms industry. Mid America Armament gun show sales have dropped 50%, with total sales down about 25% from Obama administration years. The former Smith & Wesson, now known as the American Outdoor Brands Corporation, had its stock price drop significantly on election day. Sturm Ruger faced similar losses in its stock price.
Financial analysts predicted firearm sales would take a hit as far back as November. Learn why in the video below.
~ Firearm Daily

“When in danger or in doubt, run in circles scream and shout!”  (from a 1920’s Naval Academy magazine)

We political gun folks seem to become apoplectic when those in power even suggest possible gun control legislation.  But we become complacent when the people in power seem to support gun rights.

Not so fast, there, Bucko!  Historically, there have been a number or Republicans (Conservatives?) in power who signed in legislation which was antithetical to the Constitution, and that which is near-and-dear to us.

Tried to buy a newly-made European machine gun lately?

We must remain vigilant and (if we are able) support the marketplace.

Lest more of our rights whither or be taken away!

About guffaw1952

I'm a child of the 50's. libertarian, now medically-retired. I've been a certified firearms trainer, a private investigator, and worked for a major credit card company for almost 22 years. I am a proud NRA Life Member. I am a limited-government, free-market capitalist, who believes in the U.S. Constitution and the Rule of Law.

Discussion

2 thoughts on “Is Trump Causing a Slowdown in Gun Sales?

  1. “Historically, there have been a number or Republicans (Conservatives?) in power who signed in legislation”
    Republicans yes. Conservatives?….not so much. More like progressive cowards.

    It is truly a buyers market right now. (wish I had a bunch of cash lying around) Things may heat up a bit in ’18 with the midterm elections as Dems will run HARD on the “I’m not with Trump” meme. Lets hope it bites them in the a$$.

    Posted by KM | August 29, 2017, 8:04 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

"Round up the usual suspects."

In Loving Memory…

%d bloggers like this: