Posted on 06/08/2019 3:29:37 AM PDT by JayCh
The gun industry has become popular in the last few years – which is causing the United States to shuffle a lot of money in this field. So, the firearm industry in the U.S. fell around 6.1% in 2018 – practically being in decline. However, there is still a lot of money that comes and goes in this business.
Revenue on the Defense Side
Arms sales are continuously changing in the US – and along with that, so is the revenue that results from this business. In the National Shooting Sports Foundation, it was estimated that 13.1 million firearms were sold in 2018 – compared to the 15.7 million that were sold in 2016. The numbers have gone down a lot, causing a great hole in the gun industry. The firearm business was literally “shooting” when Obama was president – and went into a slump by the time his presidency came to an end. Along with the strict laws when it comes to gun control, the period that followed would show a rather uncertainty in regard to the future of guns.
However, even with these relatively strict laws, many retailers reported some slightly brisk sales – mostly due to governor Gavin Newsom’s promises during his campaign. After that slump, by the end of 2018, the new-gun sales rose by 14 percent. Most of this money was spent on defense firearms – no matter if it was for the military or personal purposes. Many of these guns were sold to foreign governments as well, increasing the overall revenue
The Number of Guns Sold
While there were certainly some slumps caused by gun regulation, the gun industry is still not dying. According to research, gun sales managed to reach $11 billion in revenue – which is a relatively high number, compared to when Trump first started off as the president.
A lot of this money also goes on securing the American gun and violence problem – not just on guns alone. While a significant sum is spent on the firearms themselves, a lot of this revenue goes on indirect spending. Medical bills caused by firearms also cause huge costs to the American economy – a lot of the money going into surgeries and equipment.
Most of these payments were made as a result of mass shootings – which prompted the economy to step up the production even more. Along with the billions of firearms that were produced, the United States also had to invest in bulletproof backpacks and vests, along with training courses that would lower gun violence. These actually proved great for civilians, who did not know how to handle or protect themselves from a firearm. The Bottom Line
A significant amount of money went into the firearm business last year – and not just because of the firearms themselves. Even with the occasional slumps in the business, investments still had to be made in direct and indirect situations – from gun retail to gun-related medical issues.
“I have seen men throw away so much money on firearms and ammo. It’s like women and shoes for some guys.”
I hear you...
And I got to thinking on it. That my garage and in my shed I have a large ball peen hammer a small ball peen hammer, three or four Carpenters hammers, a sledgehammer, a framers hammer, two hand sledges, a bricklayer’s hammer, a geology hammer, a tack hammer, a small Carpenter’s hammer for the kitchen, a rubber hammer, non sparking hammer, a small hammer for delicate pins and such... and that’s just hammers! I don’t know how that happened...
Dammit Clutch! You need to hammer this down!
Paragraph breaks are vital, if you want people to read your posts.
Why do I have body work hammers? I don’t do body work.
Ammo is a commodity, like gold. It stores well, retains value, and has use. It can be used, or it can be passed like as other parts of your estate if you don’t eventually use it.
If that is how you get your food, then good on you. I respect hunting for food. At least you’re not contributing to factory farming. It’s just not my thing. Like I said, I’m pretty minimalist. Pretty much just rice, beans and potatoes. Fresh fruits and vegetables I grow myself mostly. That’s it.
I’m not talking about having a couple of weapons that you actually use. That’s great! I’m just talking about the men I’ve seen who are compulsive spenders is when it comes to firearms. It’s like the hoarder mentality. Same with guys who spend a lot of money on their vehicles. I’m like “what the hell? “.
Thanks for that, I don’t care what anyone says that was funny.
But if I had too, I have body hammers and buck bar...
It is a disease. It is called GAD (Gun acquisition Disorder). Though very common, not a lot is known about it. It seems to be chromozone related (XY) and very infectious. It seems to be incurable, but it has known to go into remission for long periods and flare back up for no apparent reason.
Those with XX chromosomes seem to be very resistant to GAD, but they have a similar disease called SAD (Shoe Acquisition Disorder) that seems to be more prevalent and just as incurable.
Reloading is simple and very cheap. Highly recommend it to all.
I remember quite well. I was an arsenal manager then and I remember trying to scrape together enough 5.56 for a training class.
CC
IMHO, poorly written, poorly thought out, and reads like most “climate change” articles...
How well do shoes hold their value?
Think of all the money you’ve wasted on nails.
Having spent 22 years in the military, 2000 rounds means marksmanship practice.
Use it or lose it!
It is NOT like riding a bike.
Range time = accuracy.
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