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Gun Sales and Stocks Continue to Boom During Obama Presidency
Maybe President Obama would have been a better gun salesman than leader of the free world.
We’ve previously reported on the odd correlation of firearm sales and concealed handgun permit applications booming to all-time highs since the 2008 election, and Business Insider notes Saturday that the climb looks to continue, reporting that Ruger stock has nearly tripled since last summer and is now up 14 percent from Wednesday.
BI notes that since Obama took office, Ruger is up nearly 10x. In addition to Ruger, we reported on similar statistics last February showing “the Obama effect” on the firearms industry:
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