Fear, Loathing, Clinging, and Buying at an Awesome Clip

March 31, 2009 | | Comments Off on Fear, Loathing, Clinging, and Buying at an Awesome Clip

The phrase is an infamous part of the history of the 2008 election.  Those small-town folks that “cling to guns or religion or antipathy to people who aren’t like them…”  Its one of the reasons that some fear the policies of the Obama administration.  That fear has culminated in another form of economy stimulation; gun sales.

Before the election was complete, national papers were reporting on one aspect of the bubbling fear of an Obama presidency coupled with a Democrat-controlled Congress.  According to a recent post at the Volokh Conspiracy, that pot has bubbled over.  Comparison of monthly increases in background checks relative to the previous year indicate a staggering 42% response to the November election of President Obama.  Even if the numbers don’t persuade you, the zeitgeist of gun-enthusiasts is a fear of returning to the Clinton-Era ban on “assault-style” weapons or ammunition taxes.

While gun sales go on at an impressive clip and some advocate investing in the stocks of gun-manfucturers, the rationality of the response is called into question.  Is this even a response to the Obama presidency, or to the economy in general?  A second Volokh post suggests suspicion that the rise is related to the economy (and interestingly, suspicion of an impending Obama presidency, though the data from the election month was noticibly lacking).  President Obama professed his belief in the Second Amendment, and voices his support of “common-sense gun safety laws.”  But with Attorney General Eric Holder’s February announcement that the President seeks “to reinstitute the ban on the sale of assault weapons,” perhaps that fear is well founded.

Photo courtesy of Flickr user barjack.


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