News Summary: US gun industry thriving under Obama
By: The Associated Press
GUNS GUNS GUNS: An analysis by The Associated Press of data tracking the health of the gun industry shows that President Barack Obama has presided over a heyday for guns.
WHAT'S HAPPENED: Sales are on the rise, so much that some manufacturers cannot make enough fast enough. Major gun company stock prices are up. The number of federally licensed, retail gun dealers is increasing for the first time in nearly 20 years.
NOT UNDER FIRE: Four years ago the gun lobby predicted Obama would be the "most anti-gun president in American history." But Washington has expressed little interest in passing new gun laws, and the U.S. gun lobby is bursting with cash and political clout.
GUNS GUNS GUNS: An analysis by The Associated Press of data tracking the health of the gun industry shows that President Barack Obama has presided over a heyday for guns. WHAT'S HAPPENED: Sales are on the rise, so much that some manufacturers cannot make enough fast enough.