NO DUH! New York Times Details What Really Pushes Gun Sales

Written by Outdoor Beasts Staff on December 12, 2015

Everybody knows what really pushes gun sales in the US…

And no the New York Times got around to reporting it.

NO DUH! New York Times Details What Really Pushes Gun Sales

For gun makers, it was a familiar story. On Sunday, President Obama called for making it harder to buy assault weapons after the terrorist attack in San Bernardino, Calif. On Monday, the stock prices of two top gun makers, Smith & Wesson and Ruger, soared.

“President Obama has actually been the best salesman for firearms,” said Brian W. Ruttenbur, an analyst with BB&T Capital Markets, a financial services firm.

Fear of gun-buying restrictions has been the main driver of spikes in gun sales, far surpassing the effects of mass shootings and terrorist attacks alone, according to federal background-check data analyzed by The New York Times.

When a man shot and killed 26 people at Sandy Hook Elementary School in Newtown, Conn., gun sales did not set records until five days later, after President Obama called for banning assault rifles and high-capacity magazines.

“It would be like you’ve never owned a toaster, you don’t really want a toaster, but the federal government says they’re going to ban toasters,” Mr. Ruttenbur said. “So you go out and buy a toaster.”

NO DUH! New York Times Details What Really Pushes Gun Sales

Gun Control Proposals

Gun sales rose in New Jersey in 2013 after Gov. Chris Christie proposed measures that included expanding background checks and banning certain rifles. (Mr. Christie later vetoed one of the most stringent parts of the proposals.)

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