The Best Gun Salesman Since Samuel Colt
Add the Washington Post to the growing list of sources that credit President Obama with being the best salesman for firearms and ammunition that the country has seen since Samuel Colt. Using a simple linear trend analysis based on NSSF-supplied data, Washington Post writer Philip Bump calculated that the U.S. firearms industry has enjoyed a $9 to $10 billion increase in sales of guns and ammo during President Obama’s terms in office. CLICK HERE for full story in Washington Post.
Take a look at this chart — it shows a huge increase in sales of long guns, handguns, and ammunition during the Obama presidency. (NOTE: There is a decline at the extreme right of the chart because 2014 data only goes through the third quarter of the year.) You can seen why there have been shortages of ammunition. Look at the huge spike in ammo sales (orange zone) over the past six years. This may explain why some retailers ironically refer to the nation’s top elected official as “President ObAMMO”.
By comparing past industry sales numbers with figures for the past six years, the Washington Post calculates that the firearms industry has enjoyed a remarkable period of growth: “If you calculate out the difference between what might have been expected and what was, it’s about a $10 billion increase [in sales]”. We’ve seen evidence that things are cooling off, but according to the Washington Post: “The $9 to $10 billion in increase under Obama will keep growing, through the end of 2016. At which point gun manufacturers will probably be sad to see Obama go — even if gun buyers are not.”
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Tags: Ammo Sales, Gun Sales, NSSF, Washington Post
That could easily be a price chart as well.
LOL … good point.
Actually, are these dollars adjusted to current rates? Does not say in the graph. A 2013 dollar is not the same as a 1982 dollar.
At least he’s consistent. Almost everything he’s tried has had opposite his intended affect. That’s quite the legacy. No wonder he’s a petulant man-child. I’m guessing his Chicago community never got organized either.
True, he has caused the prices to more then double.
He had nothing to do with the prices. That happens to be the doing of the idiots willing to pay the inflated prices.
His attack on guns had everything to do with inciting the panic buying. This bad news chart shows the hyper inflation. At this point a combination of a poorly run industry and hoarding is killing the sport.
Did he hold a gun to your head and force you to pay the inflated prices? Did he force you to panic? That was created by us, not Obama. Lay the blame where it actually belongs!!!
A salutary warning?
Is there not a fable about a critter that put in supplies for the coming winter in a steady, systematic way?
As opposed to his neighbour who frittered away the “Summer” and then became desperate as Winter approached.