One industry that is thriving under Obama
President Obama has managed an historic achievement that he would rather not get credit for. Gun sales are booming. Stephen Dinan reports in the Washington Times:
The American firearms industry is as healthy as ever, seeing an unprecedented surge that has sent production of guns soaring to more than 10.8 million manufactured in 2013 alone — double the total of just three years earlier.
The 2013 surge — the latest for which the government has figures — came in the first full year after the December 2012 shooting at Sandy Hook Elementary School, signaling that the push for stricter gun controls, strongly backed by President Obama, did little to chill the industry despite the passage of stricter laws in states such as New York, Maryland, Connecticut and California.
Indeed, interest in guns appears to be at an all-time high in California, which shattered its previous record for gun-purchase background checks last month, with nearly 200,000 processed, suggesting a vibrant firearms market in the country’s largest state.