November 3, 2009
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It was already a political truism that Democrats prompt sales of both guns and ammo. The U.S. government taxes both to support wildlife conservation, and those receipts jumped after Bill Clinton was elected in 1992 and after Democrats retook Congress in 2006.
But the spike under Obama seems to be on a different scale: The receipts are on pace to set a record in 2009, according to Treasury Department data, with tax revenue due from guns up 42 percent and revenue due from ammunition at 49 percent. Recently, analysts have said earnings reports from gunmakers seem to show demand for weapons slackening.
"I think it's Katrina. I think it's terrorism. I think it's crime. And I also think that it's people worrying about [whether] they'll be attacked by politicians," said Wayne LaPierre, executive vice president of the National Rifle Association.
"They're suspicious, and justifiably so."
Under Obama, the White House has said it wants to stop the illegal flow of U.S. guns to Mexican drug cartels, and it directed Attorney General Eric H. Holder Jr. to review the way current gun laws are being enforced.
Still, in interviews with gun owners and ammunition dealers, many said the run on bullets was sparked by worries about what Obama might do."