ADVERTISEMENT
About Our People Legal Stuff
Screen Shot 2016-11-02 at 5.23.53 PM.png

This gun manufacturer will change its business plan depending on who wins the election

0
This gun manufacturer will change its business plan depending on who wins the election

Firearm sales in 2016 are spiking after several gun-related tragedies. Now, the imminent election could be a factor in gun sales. 

According to Sturm Ruger, a major gun manufacturer, its earnings have jumped by 66 percent compared to its profits this time last year. The company reported that gun sales are up across the country based on FBI data of background checks. The FBI processed a record-breaking 2.3 million background checks in the month of October.

Storm Ruger CEO Michael Fifer believes that this drastic increase in gun sales has something to do with the outcome of the election. When asked about what would happen if Hillary Clinton were to win the election, Fifer stated that Ruger has engaged in "extensive contingency planning" to prepare for whatever happens.

AP_16183552875245.jpg
This photo combo of file images shows U.S. presidential candidates Donald Trump, left, and Hillary Clinton. Income inequality has been a rallying cry of the 2016 election, with more Americans turning fearful and angry about a shrinking middle class. Trump has pledged to restore prosperity by ripping up trade deals and using tariffs to return manufacturing jobs from overseas. Clinton has backed a debt-free college option and higher minimum wages to help the middle class. (AP Photo/Mary Altaffer, Chuck Burton)

Hillary Clinton's administration plans to reinstate the ban on assault weapons in the United States and tighten gun sanctions. Conversely, Trump is against the ban of assault weapons and wants fewer gun restrictions. 

Do you think the increase of gun sales is a good or bad thing?

It is unclear how the sales will fluctuate if either candidate is elected.

Comments
Read Comments
Comments
ADVERTISEMENT
Facebook Twitter Instagram Pinterest Linked In List Menu Enlarge Gallery Info Menu Close Angle Down Angle Up Angle Left Angle Right Grid Grid Play Align Left Search Youtube Mail Mail Angle Down Bookmark