Biden continues to blame loose gun control for the surge of crime. That’s the reason why he started calling for stricter gun control laws a few months ago.
He said, “I’m the only guy that ever got passed legislation, when I was a senator, to make sure we eliminated assault weapons. The idea you need a weapon that can have the ability to fire 20, 30, 40, 50, 120 shots from that weapon, whether — whether it’s a 9-millimeter pistol or whether it’s a rifle, is ridiculous. I’m continuing to push to eliminate the sale of those things.”
Unfortunately, this terrible decision from Biden affected the demand for firearms…
The urge to buy guns for personal protection has decreased. The low consumer demand for guns made several gun manufacturers’ sales go down.
Gunmaker Smith & Wesson is one of the biggest companies affected because of Biden’s unlawful gun restrictions. Last year the company’s sales were around 124%… now they’re only at 19%.
Aside from the low sales, their internal inventories are also not doing well.
Smith & Wesson CFO Deanna McPherson said that their company’s internal inventory remains “below their target level.” She also added that their distributor inventory was supplied below their “target level.”
According to Seeking Alpha, Smith & Wesson brands also missed their revenue by $3.98 million. This explains why the company’s stock has been dropping the past few months.
Sturm Ruger’s – Smith & Wesson’s competitor – stocks have also decreased by 2.19% this September. Now, two of the biggest firearm providers in the US are having trouble because of Biden’s strict gun protocols.
Reputable companies are getting affected because the liberals are meddling too much…
Yes, Biden’s trillion-dollar infrastructure project is one of the main reasons why we have inflation today. But let’s not forget that Biden’s gun policy is also making it hard for firearm providers like Smith & Wesson and Sturm Ruger to earn a profit.
Biden is doing a pretty good job of ruining our economy… and taking away our patriots’ freedom to have their own guns.
It’s a good thing that our patriot leaders are eager to push through the Second Amendment Bill.
Kentucky Rep. Josh Bray thinks this bill will preserve their family traditions. He was relieved that people could still teach their kids how to hunt and properly handle firearms. He said, “I feel like this bill will ensure that my son has the same opportunity I had.”
Wisconsin, Texas, and Missouri are finding ways to protect themselves from federal gun control restrictions with the Second Amendment Bill.
Our patriots have been fighting tirelessly to protect these rights. But Biden is pushing gun restrictions too far. Now, both Americans and the economy are suffering because of it.
Republican governor Kristi Noem of South Dakota says that taking away guns is an “infringement” on rights, and it’s also “unconstitutional.”
Biden will never make America prosper if he will keep us from having access to our basic freedoms. The only way for our country to be great again is to get these dems away from the White House…
