Obama was great for the gun business — and Trump's been terrible

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sanfordandson
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Obama was great for the gun business — and Trump's been terrible

Postby sanfordandson » Fri Aug 04, 2017 7:59 am

https://www.yahoo.com/finance/news/obam ... 23519.html

The Obama years were a great time for the gun business.

But since the election of Donald Trump as president and the resulting decline in fears over increased gun regulation, sales in the industry have plummeted.

On Thursday, shares of gunmaker Sturm, Ruger & Co. (RGR) were down as much as 9% after reporting results Wednesday afternoon that missed expectations. In the second quarter, sales for the company were down 22% against the same period last year while profits fell 53%.

In its earnings release, Sturm, Ruger cited, among other factors weighing on results, “Decreased overall consumer demand in 2017 due to stronger-than-normal demand during most of 2016, likely bolstered by the political campaigns for the November 2016 elections.”


My favorite line in the article... "Gunmakers celebrate when Democrats are in charge"

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Re: Obama was great for the gun business — and Trump's been terrible

Postby mk e » Fri Aug 04, 2017 9:58 am

I think it always goes that way...gum boom under dems as people rush to buy just in case, slow under Repubs when they feel there is no hurry.
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sanfordandson
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Re: Obama was great for the gun business — and Trump's been terrible

Postby sanfordandson » Fri Aug 04, 2017 10:02 am

But according to some on here obama took away all of our gun rights?? :^o

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Re: Obama was great for the gun business — and Trump's been terrible

Postby mk e » Fri Aug 04, 2017 10:10 am

sanfordandson wrote:But according to some on here obama took away all of our gun rights?? :^o


He would have liked to, but fortunately we have a constitution that prevents things like that.
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Re: Obama was great for the gun business — and Trump's been terrible

Postby machinedave » Fri Aug 04, 2017 10:22 am

A friend of mine works for Remington. They were working overtime for a long time to keep up with ammunition demands. They were convinced that Hillary would win. The day after the election they cut everyone back.

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Re: Obama was great for the gun business — and Trump's been terrible

Postby mk e » Fri Aug 04, 2017 10:31 am

machinedave wrote:A friend of mine works for Remington. They were working overtime for a long time to keep up with ammunition demands. They were convinced that Hillary would win. The day after the election they cut everyone back.


That makes sense......ammunition is something that could be restricted under a dem.
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Re: Obama was great for the gun business — and Trump's been terrible

Postby 1989TransAm » Fri Aug 04, 2017 11:47 am

sanfordandson wrote:But according to some on here obama took away all of our gun rights?? :^o


He tried but the Supreme Court said otherwise. However he did what he could to circumvent the 2nd amendment.

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Re: Obama was great for the gun business — and Trump's been terrible

Postby sanfordandson » Fri Aug 04, 2017 12:01 pm

1989TransAm wrote:
He tried but the Supreme Court said otherwise. However he did what he could to circumvent the 2nd amendment.


Good thing we have a good justice dept. to keep out of control presidents in check!

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Re: Obama was great for the gun business — and Trump's been terrible

Postby exhaustgases » Sat Aug 05, 2017 10:21 pm

sanfordandson wrote:
1989TransAm wrote:
He tried but the Supreme Court said otherwise. However he did what he could to circumvent the 2nd amendment.


Good thing we have a good justice dept. to keep out of control presidents in check!


Its not so much a president that needs to be in check, its an outa control political party that desires to force their religion and agenda on all the people. We for the first time in my life have someone in the big house that actually cares about everyone and is not forcing a religion and trying to steal everything we own because it harms the religion.

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Re: Obama was great for the gun business — and Trump's been terrible

Postby Firedome8 » Sun Aug 06, 2017 9:19 am

http://www.businessinsider.com/gun-laws ... ed-2012-12

Fake news I am sure!!!!
Change the channel once in awhile.

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Re: Obama was great for the gun business — and Trump's been terrible

Postby mk e » Tue Aug 08, 2017 10:17 am

exhaustgases wrote: We for the first time in my life have someone in the big house that actually cares about everyone and is not forcing a religion and trying to steal everything we own because it harms the religion.


Mattis?
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Re: Obama was great for the gun business — and Trump's been terrible

Postby David Redszus » Tue Aug 08, 2017 11:39 am

Obama style gun control is working very well in his home town of Chicago.
Good people are restricted from purchasing guns while thugs and gang bangers can buy them very easily.

Everything is going according to plan. :lol:

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Re: Obama was great for the gun business — and Trump's been terrible

Postby sanfordandson » Tue Aug 08, 2017 11:09 pm

David Redszus wrote:Obama style gun control is working very well in his home town of Chicago.
Good people are restricted from purchasing guns while thugs and gang bangers can buy them very easily.

Everything is going according to plan. :lol:


You and obama share the same home town...how curious... :-"


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