The specter of an Obama presidency has led to good business for one retail category: gun shops. As the (Raleigh) News & Observer reports, people have been flocking to gun shops to purchase assault rifles, high capacity magazines and other items they think the Democrats might ban.
As Jay Price reports:
Barack Obama said he would improve the economy. Turns out he already has, at least in one retail niche: gun sales.Starting in the days before the election, gun shops across the state have been mobbed by buyers who fear that Obama and a larger Democratic majority in Congress will restrict firearm sales.
Many were stocking up on things such as assault rifles, high-capacity magazines and handguns that they think would be the most likely targets of new laws, though practically everything related to shooting has been selling more quickly.
"It's been an absolute madhouse," said Trey Pugh, a manager at Jim's Pawn Shop in Fayetteville, which is selling 15 to 20 AR-15 assault rifles a day. "I'm getting guys come in and say I always wanted that gun, and give me that one too and that one and, oh, I need a gun safe, too."
Click here to read the full story on the N&O's website.
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