A lot of people say Obama is anti-business, but there’s one part of the American economy that is delighted that he got reelected.
No, I’m not talking about bankruptcy lawyers or corrupt lobbyists, though those would be good guesses.
The real winners from Obama’s re-election are America’s gun manufacturers and gun sellers.
Not that I’ve looked at any data. I’m just basing this on the comments I’ve heard over the past few years and the up-tick in such comments in the past 36 hours.
But I’m quite confident that the overall firearms industry has profited from Obama’s tenure.
Anyway, the great economist Frederic Bastiat teaches us to look at both direct and indirect effects (or, as he put it, the “seen” and “unseen”), so I want to highlight a disadvantaged group that will suffer as a result of the Obama-induced increase in gun sales.
Yes, I’m talking about…
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