Guns and ammunition continue to consistently sell out between physical and online retailers, with some businesses unable to provide commonly used calibers of ammunition on account of the high demand from Americans and shortages in the supply chain as a result of the coronavirus pandemic.
Gun and ammunition aggregator Wikiarms lists the cheapest price available for .223/5.56 NATO ammunition- the cartridge used in standard AR-15 rifles- as 45 cents per round, with most major online gun retailers selling the cartridge for well more than 50 cents per round.
American-made .223 ammunition was selling at most major physical and online retailers for as little as 35 cents per round before the coronavirus pandemic.
Disruption of global ammunition manufacturing has also played a key role in starving gun owners of buying ammo. Lead production in the United States has already left the country, and copper mining in South America remains halted due to the coronavirus pandemic. Gun owners trying to acquire ammunition at retail stores has consistently reported encountering empty shelves, and some gun retailers have reported being unable to sell any ammunition to new gun buyers to use for their firearm.
Gun sales in March, May and June have exploded relative to gun sales in 2019, with new purchases almost doubling their 2019 equivalent during the months. Firearm retailers have reported to the National Shooting Sports Foundation that 40% of their sales in recent months have been to new firearm owners.
Guns and ammunition may only increase in price, fueled by exorbitant demand as more Americans seek to arm themselves, many for the first time, as more civil unrest appears imminent on the horizon.
The NRA Files for Bankruptcy
The Pro-Second Amendment Organization is Now Moving to Texas
On January 15, 2021, the National Rifle Association announced that it would be filing for bankruptcy.
The long-time advocate of gun ownership revealed that this bankruptcy is part of its new plan to restructure as a Texas non-profit organization. It has been motivated to do so because it believes that New York has a corrupt political and regulatory environment. Before the NRA’s decision to file bankruptcy, it was registered in the Empire State.
A few months ago, New York Attorney General Letitia James filed a lawsuit that threatened to dissolve the NRA. The suit contends that the NRA has been involved in cases of fraud and mismanagement of funds. Following New York’s attempts to persecute the NRA, President Donald Trump suggested that the NRA move to Texas, a state that treats pro-Second Amendment organizations much better. Trump stated, “I think the NRA should move to Texas and lead a very good and beautiful life, and I’ve told them that for a long time.”
“This strategic plan represents a pathway to opportunity, growth and progress,” NRA CEO Wayne LaPierre declared in a statement. “Obviously, an important part of this plan is ‘dumping New York.’ The NRA is pursuing reincorporating in a state that values the contributions of the NRA, celebrates our law-abiding members, and will join us as a partner in upholding cn.
“The @NRA‘s claimed financial status has finally met its moral status: bankrupt. While we review its bankruptcy filing, we will not allow the @NRA to use this or any other tactic to evade accountability and my office’s oversight,” James said in a tweet that she posted on January 15 following the bankruptcy announcement.
The @NRA's claimed financial status has finally met its moral status: bankrupt.
While we review its bankruptcy filing, we will not allow the @NRA to use this or any other tactic to evade accountability and my office’s oversight.
— NY AG James (@NewYorkStateAG) January 15, 2021
Indeed, the NRA’s decision to move to the Lone Star State is a wise decision. Texas’ gun laws are much better than New York’s. Furthermore, Texas actually bothers to protect free speech and the state government will not go on petty vendettas against right-wing organizations that leftist politicians hate.-
Mass polarization is here to stay in American politics, so it would be wise for right wing organizations in solidly Blue states to consider relocating to friendlier political climes.
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