How has fear over gun control stimulated or hurt the economy? Would like to see numbers and links on guns and ammo and other related items with credibility for an economic paper. Thanks for all who contributes…
I don’t see how it would hurt the economy.
That should be fairly easy to demonstrate by just correlating stock charts to current events.
Look at a chart for Sturm Ruger and see the stock take off in the runup to and in the wake of the 2008 election, despite the overall market sailing off a cliff due to the financial meltdown. Look at the same stock after the Sandy Hook massacre. And following yesterday’s White House briefing on gun control.
The trends are readily traced and correlated.
Well I would say it has helped the economic situation, there are lines out the door of every gun shop in NY.
Diverting economic resources in the event of an economic shock appears to be stimulatory, but economics teaches us that patching damage appearing to be positive growth is the Broken Window Fallacy (patching damage takes away money from what would otherwise be spent on net gains, while the broken window is value lost, thus a real net loss to society). Though I suppose diverting away from foreign made goods to US made can be a good thing, as we’ve been badly hurting for demand for US manufactured goods.