Gun profits dropping as fear-motivated buying decreases

One thing that may  well have been overlooked in this piece is that those of us who wanted guns did so when Obama was in office.

All he did was make the cost of weapons and ammunition rise.

Like guns or not there are two times extra measures are required, when one needs a parachute or they find them selves in a situation called a shoot or be killed situation.

 

President Trump Claims to be the Most Pro-Gun President in Modern Times,

With both houses of Congress under Republican control, pro-gun groups are now focused on achieving their major goal: the passage so-called “concealed carry reciprocity” laws.

As things stand, US states have different rules about who can carry a concealed weapon in public, and what they need to do to get permission. But the new laws, if passed by Congress and signed off by President Trump, would mean an individual can carry their weapon in any of the 50 states that allows concealed carry, so long as they are permitted to in their home state.

For gun advocates, this is a commonsense reform that would avoid confusion and bring in a nationally consistent scheme. They say law abiding citizens have been caught out by carrying their guns across jurisdictions…

The passage of concealed carry laws in Washington would mean states with the weakest restrictions would effectively set the national standard, according to critics, allowing people to carry guns without a permit across the country…

 

The Washington Times

December, 8th, 2017

 

 

 

Gun store owners say they’re seeing a drop in sales as a result of bargain hunting and President Trump’s pro-Second Amendment support, Bloomberg reported.

The maker of Smith and Wesson, American Outdoor Brands Corp. , said it has seen its annual profit drop by as much as 45 percent as gun purchasers look for better deals elsewhere.

The report credits the president’s staunch pro-Second Amendment support giving gun owners security that their firearms will not be taken away or restricted as in past administrations.

 

Despite the mass shootings, which in the past have drawn gun owners to stores as they fear impending lawmaker restriction, gun store owners say they have not seen this so-called “fear-based” buying.

But gun makers aren’t slowing production to meet the lower demands, and inventories remain high, according to James Debney, the CEO of American Outdoor, who spoke with Bloomberg.

This has sparked a price war across the industry as people look for the best deal rather than buying what’s convenient.

Look for gun sales to rise against if we find ourselves in a shooting war with North Korea.

THE END


 

About JCscuba

I am firmly devoted to bringing you the truth and the stories that the mainstream media ignores. Together we can restore our constitutional republic to what the founding fathers envisioned and fight back against the progressive movement. Obama nearly destroyed our country economically, militarily coupled with his racism he set us further on the march to becoming a Socialist State. Now it's up to President Trump to restore America to prominence. Republicans who refuse to go along with most of his agenda RINOs must be forced to walk the plank, they are RINOs and little else.
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1 Response to Gun profits dropping as fear-motivated buying decreases

  1. Brittius says:

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