Obama Gun Boom Continues

18 Nov, 2009 by Dave Blount

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A rare sector of the economy not based on coercion that has actually benefited from the disgraceful results of last November’s election continues to flourish:

All over America demand for firearms and ammunition is rising amid concerns that rising unemployment, which passed 10 per cent this month, will lead inexorably to higher rates of crime. Fears of terrorism have also helped to lift demand, as have concerns among gun owners that the Obama Administration may introduce restrictions on gun ownership and impose additional taxes.

Smith & Wesson is expecting sales to rise by 30 per cent to $102 million (£61 million) in the first quarter of the next financial year, after growing by more than 13 per cent this year to $335 million.

At Sturm and Ruger, sales for the third quarter hit $71.2 million, up 70 per cent from the same period last year. At Glock, the leader in law enforcement markets, pistol sales rose by 71 per cent in the first quarter of the financial year for 2010, in comparison with the same period last year.

Stock up while you can. Ammo prices aren’t going down, and it’s only a matter of time before disarming the public comes to the top of the Obamunist agenda.