Friday, April 20, 2012

Soaring gun sales give economy a shot in the arm

Quote via  Old Virginia Blog


". . . in these dreariest of days in Academia . . . American history has largely become a plaything for canting ideologues . . . our times call for a correct ideological line, which at its increasingly popular extreme regards the Old South as a rehearsal for Nazi Germany and calls for the eradication of all traces of the conservative voices that have loomed so large in southern history . . . [There is a] step-by-step domination of departments of history in our southern as well as northern universities by those who regard what Richard Weaver aptly called the Southern Tradition and all its works as an evil past to be exorcised by all means, fair and foul." ~ Eugene D. Genovese (The Southern Front - History and Politics in the Cultural War, page 25.)

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The economic impact of the firearms industry is up 66 percent since the beginning of the Great Recession, providing an unexpected shot in the arm for the economy, according to a new study.
The National Shooting Sports Foundation says the economic impact of firearm sales — a figure that includes jobs. taxes and sales — hit $31 billion in 2011, up from $19 billion in 2008.
Jobs in the firearms business jumped 30 percent from 2008 to 2011, when the industry employed 98,750.
The industry paid $2.5 billion in federal taxes in 2011, up 66 percent in three years.
"Ours is an industry with a rich history and heritage that remains vital and important to the American economy today," NSSF Senior Vice President Lawrence G. Keane said in a statement. "To millions of Americans our industry's products represent liberty, security and recreation."


2 comments:

  1. I`have done my part to "stimulate the economic recovery" three time`s in the last couple year`s.And the obama administration has`nt even thanked me!.

    ReplyDelete