Kimberly Morin writes it was well known that Hillary Clinton wanted to ban some firearms. She is a very strong supporter of more failed gun control laws, so in anticipation of her winning the presidency, many gun owners bought firearms to be sure they could actually get them.
Of course, that’s not quite how the election turned out, and Donald Trump himself says he’s a supporter of the 2nd Amendment and was backed by the NRA.
Gun owners breathed a little sigh of relief without having to worry about some crazy woman, along with lunatic Democrats, either banning certain types of firearms or putting more draconian gun control laws into place.
As a result, gun sales have decreased across the country compared to what they were in 2016 when they were at an all-time high. From Bearing Arms:
Sturm, Ruger & Company, one of the nation’s leading firearm manufacturers, recently reported a 21-percent drop in its second-quarter sales, adding that its profits have been cut in half. Not to mention, its stocks fell 10-percent on Thursday; within the last year, it’s fallen a staggering 21-percent.
According to CEO Christopher Killoy, the drop is a side affect of the unusually high gun sales in 2016.
Last year, gun shop owners doubled their stock as Americans flocked to their stores in anticipation of President Clinton *shudder* and stricter gun laws. However, when Donald Trump won, these gun shop owners were left with a massive inventory, since Americans no longer felt as though time was running out to get their firearms.
“I think there was a big hangover coming out of the election cycle that had to be worked off,” Killoy said.
Of course, the number of concealed carriers is still growing. According to John R. Lott Jr. of the Crime Prevention Research Center, “the number of concealed handgun permits has soared to over 14.5 million – a 215% increase since 2007.”
And this number doesn’t include those gun owners who carry concealed but aren’t required to ask permission of their state overlords government to practice their 2nd Amendment rights.
Although gun sales in 2017 may not break records compared to 2016, Larry Keane of the National Shooting Sports Foundation believes 2017 is still going to be a stellar year for gun sales.
According to the FBI, background checks “skyrocketed 19 percent in 2016.”
CNBC reports, “background checks are down 9 percent so far this year, according to FBI data.” Of course, “background checks do not correlate directly to gun sales because of varying state laws.”
Gun sales have steadily increased over the past 8 years specifically due to the threat of more gun control laws being put into place.
That, along with gun control organizations like Michael Bloomberg’s Moms Demand and Everytown, has pushed more and more people into supporting gun ownership as well as changing the laws in their own states to decrease gun control.
So, while gun sales may be down compared to last year, they are still up compared to other years, and newly minted gun owners are created every day in the United States.